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Economics And Its Importance Essay Examples

Essay on Economics And Its Importance

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International Trade, Economics And Its Importance

Also, war and crisis has increased concerns for the physical supplies of oil, rather than the price. US oil dependency has risen sharply since 1990. Domestic production has been stable, while demand has risen by 15 per cent. In the short term this is not a problem as the US has been furiously stockpiling. Were there to be serious disruption to supplies – and hence a much higher oil price – a M...

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