If there is an oil-supply disruption resulting in higher international oil prices, domestic oil prices in open-market countries such as the United States will rise as well, whether such countries import all or none of their oil.
If the statement in the passage 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?
A) Maintaining the quantity of oil imported at constant yearly levels
B) Increasing the number of oil tankers in its fleet
C) Suspending diplomatic relations with major oil-producing nations
D) Decreasing oil consumption through conservation
E) Decreasing domestic production of oil
option D
D:
D
I think its A. It is clearly mentioned in the paragraph that, oil prices in open-market countries will rise, whether such countries import all or none of their oil. Which can be looked at in a way to assume that even when the oil consumption is in control and the country has no reason to import or minimize its import, still the oil price will rise in response to international price disturbance. This reduces the argument in favor of D being the answer. Ans A provides for a way to skip the international turbulence in oil prices through maintaining an yearly import stock and seems most probable.
D
D
d
D
D
D
The answer is D
D without doubt
d
my ans is “d”
D