If there is an oil-supply disruption resulting in higher international oil prices, domestic oil prices in open-market counties such as the United States will rise as well, whether such countries import all or none of their oil.
If the statement above concerning oil-supply disruptions is true, which of the following policies in an open-market nation is most likely to reduce the long-term economic impact on that nation of sharp and unexpected increases in international oil prices?
If the statement above concerning oil-supply disruptions is true, which of the following policies in an open-market nation is most likely to reduce the long-term economic impact on that nation of sharp and unexpected increases in international oil prices?