As Discussed in the Case in Point on Arab Spring

question 18

Multiple Choice

As discussed in the Case in Point on Arab spring and oil markets, after the official start of the recession in the U.S.in 2007, oil prices:

• A) began to fall because of decreased demand in China and India.
• B) began to fall because of decreased demand in the U.S.and Europe.
• C) began to rise because of increased demand in China and India.
• D) began to rise because of increased demand in the U.S.and Europe.