Normal 0 MicrosoftInternetExplorer4 Which of the following statements are correct 1 The global econ...........

Economic Affairs Foreign Trade - Trends and Policy

Which of the following statements are correct?

1. The global economy relied on oil for much of the twentieth century as a portable and indispensable fuel.

2. The immense wealth associated with oil generates political struggles to control it

3. History of petroleum is also the history of war and struggle.

4. Nowhere is this more obvious the case of war and struggle than in West Asia and Central America

Select the correct answer using the codes given below:

1, 2, 3 and 4

2 and 4

1 and 3

1, 2 and 3

All the statements are correct.

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