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AP Human Geography
Unit 7 – Industrial and Economic Development
Topic 7.6
In a global economy, what is the most likely impact of a significant decrease in oil production from major exporters on other sectors worldwide?
Increased investment in real estate markets.
An increase in transportation costs leading to higher prices for goods.
Decrease in education spending by governments.
A sudden growth in the hospitality sector.
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AP Human Geography - 7.6 Trade and the World Economy
Key terms
Global Economy
Major Exporters
Oil Production
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About Fiveable
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Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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