El- Erian: Oil Price Presents Question Mark for Putin
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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one potential outcome of lower oil prices for Russia?
Strengthened currency value
Expansion of regional conflicts
Improved relations with neighboring countries
Increased domestic economic stability
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How might President Putin respond to the economic pressures from sanctions and lower oil prices?
By seeking to improve relations with the West
By increasing domestic oil production
By focusing on internal economic reforms
By reducing military involvement in Ukraine
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a possible consequence if Russia expands its involvement in Ukraine?
Increased economic growth in Russia
Removal of Western sanctions
Imposition of further sanctions by the West
Strengthened ties with the European Union
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why did OPEC decide not to cut oil production?
To increase global oil prices
To send a message to non-OPEC producers
To support alternative energy investments
To stabilize the global economy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of OPEC's strategic goals by maintaining lower oil prices?
To strengthen the US dollar
To encourage investment in alternative energy
To reduce competition from non-OPEC producers
To increase oil consumption globally
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