What Is the Major Reason for Oil Price to Go

question 3

Multiple Choice

What is the major reason for oil price to go up in the 2000s?

• A)formation of the OPEC
• B)fast of growth of emerging economies
• C)new energy
• D)higher demand from the US

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Definitions:

Flotation Cost

The total costs incurred by a company in issuing new securities, including underwriting, legal, registration, and distribution fees.

External Financing

denotes the process of obtaining capital from outside sources, like banks or investors, to fund operations, expansions, or projects.

Market Value

The prevailing price for an asset or service that is available for transaction in an open marketplace.