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Which of the following reasons is most likely to cause a country to nationalize its oil industry? relinquishment clauses that last only a few years,
Which of the following reasons is most likely to cause a country to nationalize its oil industry?
relinquishment clauses that last only a few years, instead of longer periods of time
the resource curse or Dutch Disease
royalties paid on the posted price rather than the market price
shortterm concession agreements with international oil companies
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