This preview shows page 1. Sign up to view the full content.
Unformatted text preview: Arabia created net back deals, which means?
A. Saudi Arabia would start adjusting the transportation costs like Rockefeller did
B. Saudi Arabia would not charge a fixed price, but guarantee a predetermined
amout of profit for the company
C. Saudi Arabia would sell oil to only with Islamic influenced companies
D. Saudi Arabia would set a price of a barrel below the market price with disreagrd
to profit of the company Points Earned: 1/1
Your Response: A, B
Who invaded Kuwait in 1990 beacuse they thought Kuwait should be apart of their
View Full Document
This document was uploaded on 03/03/2014 for the course EGEE 120 at Pennsylvania State University, University Park.
- Fall '07