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How does forcing American citizens to pay higher for the oil make oil cheaper is beyond me. How does export tarrifs help reduce the price of oil ?
by rhuru 5y ago
How does forcing American citizens to pay higher for the oil make oil cheaper is beyond me. How does export tarrifs help reduce the price of oil ?
- mrleinad 5y agoIt reduces the earnings for the exporter from selling it abroad, effectively capping the internal price for the commodity so it cannot go higher than a certain price (it works on anything that can be exported)