Ask Question
26 October, 02:51

Disadvantage of the U. S. dependence on foreign oil

+3
Answers (1)
  1. 26 October, 03:21
    0
    Way higher national oil prices.

    Scramble for exploitation of natural resources.

    Lower economic growth. Many inputs rely on oil. If oil prices rise drastically and unexpectedly, stagflation would be a real concern.

    High enforcement costs. Canada and Mexico, our next door neighbors, are brimming with oil. We would need to patrol the entire border. That's expensive.

    Rise of inequality
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Disadvantage of the U. S. dependence on foreign oil ...” in 📙 Advanced Placement (AP) if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers