The move from the ____________ was a factor which led to the energy crisis, because OPEC began to price a barrel of oil against

Question

blondinia [14]

3 years ago

10

The move from the ____________ was a factor which led to the energy crisis, because OPEC began to price a barrel of oil against

gold.
a. gold standard
b. fluid exchange
c. global currency
d. fixed exchange

Geography

1 answer:

Anna007 [38] · Answer 1 · 2022-03-24T22:22:12+03:00

<span>The answer is letter a. gold standard.
The move from the gold standard was a factor which led to the energy crisis, because OPEC began to price a barrel of oil against gold.
</span>
A gold standard<span> is a monetary system whereby the standard economic unit of account is based on a fixed quantity of gold. </span>