China and the United States Are the Two Largest Consumers

question 18

True/False

China and the United States are the two largest consumers of crude oil,and have about 20% of the world's proven crude oil reserves.

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Definitions:

Legal Concessions

Rights or privileges granted by a government or authority to an individual or company, often relating to the use of land or natural resources.

Without Prejudice

Words that, when used during negotiation, are a declaration that concessions, compromises, and admissions made by a party cannot be used against that party in subsequent litigation.

Litigation

The process of taking legal action; the act of contesting a case in a court of law.

Mediation

A form of alternative dispute resolution where a neutral third party assists in reaching a mutually acceptable agreement between disputing parties.