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rhuru
on March 8, 2022
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America produces enough oil to meet its needs, so ...
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
on March 9, 2022
[–]
It 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)
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