Author Question: Why did Arab states decideto cut off oil exports to the United States in 1973? A) To punish the ... (Read 60 times)

hubes95 · **on:** Sep 4, 2018

Why did Arab states decideto cut off oil exports to the United States in 1973?

A) To punish the U.S. for its support of Israel during the Arab-Israeli war.
B) To achieve a better bargaining position on other trade issues.
C) To demonstrate their power in order to gain leverage over other states that import oil.
D) To increase the price of oil to match its value in the world economy.

Question 2

Which countries, per capita, are the most energy efficient in the world?

A) Countries in North America
B) Middle Eastern countries
C) European countries and Japan
D) The former Soviet Republics