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Figure 2-12

Figure 2-12 ​    ​ ​ ​ ​ ​ -Suppose a war in the Middle East interrupts the flow of crude oil and oil prices skyrocket around the world. For economists, this historical episode serves as a




-Suppose a war in the Middle East interrupts the flow of crude oil and oil prices skyrocket around the world. For economists, this historical episode serves as a


Definitions:

American Expansionism

A policy or ideology aimed at extending the territorial, political, or economic influence of the United States across North America and beyond.

Chinese

Relating to China, its people, languages, or culture.

Exclusion Laws

Laws implemented to restrict or prohibit certain groups of people, often based on race or nationality, from immigrating to or residing in a country.

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