in 1973 the organization of petroleum exporting countries (OPEC) decided to increase their prices drastically and placed an embargo on sales to the united states. what was the result of this?

Question

24-02-2015
History

Answered

in 1973 the organization of petroleum exporting countries (OPEC) decided to increase their prices drastically and placed an embargo on sales to the united states. what was the result of this?

Answer :

Other Questions

A distance between two consecutive troughs in a wave motion train produced in a string is 5 cm. Find speed of wave , if two complete waves pass through any poin

The perimeter of a rectangle billboard is 60 feet and has a length 6 feet longer than its width. Find the dimensions of the billboard.

f(x) = x³ - 3x² + 3x - 1f(x + 1) What is the value?A) x³+1B) x³-1C) x³D) x²E) x²+1

A pure substance is found to be a good conductor of electricity in both its solid and liquid phases. The bonding in the substance is which one of the following

Which inequality is equivalent to 7x-2y>8?

which action increased the tensions between the north and south that led to the civil war?

Find the perimeter of an isosceles triangle whose base is 40 cm and whose base angle is 70".

Alaine has 1 gallon of paint. She is going to pour it into a paint tray that measures 10 inches wide, 12 inches long, and 5 cm deep.(1 gallon = 231 in3, 1 inch

A pure substance is found to be a good conductor of electricity in both its solid and liquid phases. The bonding in the substance is which one of the following

Gibbs Gibbs · Answer 1 · 2015-02-25T13:07:47-05:00

Gibbs Gibbs

25-02-2015

The result of the OPEC oil embargo of 1973 had a dramatic impact on global energy markets and specifically the United States. The embargo caused major problems in supply and also dramatically increased the price of oil. This led to a major stock market crash and general economic crisis and decline.

Answer Link