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Tju [1.3M]
3 years ago
11

How is the supply of oil something that links many countries?

History
1 answer:
koban [17]3 years ago
5 0

Answer:

The law of supply and demand primarily affects the oil industry by determining the price of the "black gold." The costs and expectations about the costs of oil are the major determining factors in how companies in the industry allocate their resources.

Explanation:

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