Economics · International Trade
Which of the following is NOT a typical consequence of a steep increase in global crude oil prices?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Strategic decoupling and an increased policy focus on national energy sovereignty.
- 2Increased fiscal and economic pressure on the developing nations of the Global South.
- 3A sharp decrease in the speculative value of energy commodities.✓
- 4Cost-push inflation in manufacturing and transportation sectors.
Correct answer
A sharp decrease in the speculative value of energy commodities.
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