{{B}}The Rising Oil Price{{/B}} Could the bad old days of economic decline be about to return Since OPEC agreed to supply-cuts in March, the price of crude oil has jumped to almost $ 26 a barrel, up from less than $10 last December. This near-tripling of oil prices calls up scary memories of the 1973 oil shocks resulted in double-digit inflation and global economic decline. So where are the headlines warning of gloom and doom this time The oil price was given another push up this week when Iraq suspended oil exports. Strengthening economic growth, at the dame time as winter grips the northern hemisphere, could push the price higher still in the short term. Yet there are good reasons to expect the economic consequences now to be less severe than in the 1970s. In most countri A. heavy industry becomes more energy-intensive B. income loss mainly results from fluctuating crude oil prices C. manufacturing industry has been seriously squeezed D. oil price changes have no significant impact on GDP [单项选择] 下面有3篇短文,每篇短文后有5道题。请根据短文内容,为每题定1个最佳选项。 {{B}}第一篇{{/B}}
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