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Quiz - Key terms [IGCSE Economics ]
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Quiz - Key Terms
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Tuesday, 23 December 2014
Opec oil output will not be cut even if price hits $20
Opec oil output will not be cut even if price hits $20
1) Elaborate the causes for the fall of oil prices.
2) How you will use the economic theory to explain
a) fall in prices of oil
b) Request to OPEC to cut production.
3)
Evaluate the impact of fall in oil prices over the world economy.
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