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In 1992, the government of Kar removed all restrictions on oil imports. This change caused the unemployment rate in the Kar oil industry to more
In 1992, the government of Kar removed all restrictions on oil imports. This change caused the unemployment rate in the Kar oil industry to more than double by 1994, even though Kar's overall unemployment rate fell. Removing the oil import restrictions also caused oil and gasoline prices in Kar to fall by 25% by 1997, even though prices of many other products increased. In general, prices and the unemployment rate fell in Kar between 1992 and 1997. Conclusion follows Conclusion does not follow
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