history

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how did oil crisis in the 1970s illustate the promblem of economic interdependence?
A.all nations rely on oil.
C. multinational corporation had brought new technologies to developing countries
i think its a

  • history -

    If this is the complete answer, then I agree with you.

    "1. all nations rely on oil and when nations with oil resources underwent political crises, production was halted and prices soared, creating economic shock waves."

    http://en.wikipedia.org/wiki/1973_oil_crisis

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