4
QuizMultiple Choice
Economic Globalization
Question 4 • S1S-OC: W. Hist/Geo/Cult 10B (E1172 - AG)
The graph shows US Oil Import Prices from 1995 to 2010.What most likely caused the steady increase in price per barrel of oil between 2001 and 2008?
Answer
A
a global recessionB
scarcity of petroleumC
a large population growthD
demand from developing countries