For year the U.S government levied quotas on inexpensive oil imported from the Middle East The quotas led to cost increases for U.S consumers totaling $3 billion for oil products. An apparent justification of this policy was that ?

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The U.S government needed the quota revenue to balance its budget

TuteeHUB · Answer

U.S oil companies and workers deserved higher incomes

TuteeHUB · Answer

U.S oil was of superior quality and merited higher prices

TuteeHUB · Answer

one should not be too dependent on foreign suppliers of crucial resources

1.	For year the U.S government levied quotas on inexpensive oil imported from the Middle East The quotas led to cost increases for U.S consumers totaling $3 billion for oil products. An apparent justification of this policy was that ?
A.	U.S oil companies and workers deserved higher incomes
B.	U.S oil was of superior quality and merited higher prices
C.	one should not be too dependent on foreign suppliers of crucial resources
D.	The U.S government needed the quota revenue to balance its budget
Answer» D. The U.S government needed the quota revenue to balance its budget

For year the U.S government levied quotas on inexpensive oil imported from the Middle East The quotas led to cost increases for U.S consumers totaling $3 billion for oil products. An apparent justification of this policy was that ?

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