What is an important determinant of the price at which Canadian producers can sell their oil?
A) their ability to ship oil to the U.S. and to overseas markets
B) their ability to ship oil to the U.S. market only
C) their ability to ship oil to overseas markets only
D) their ability to ship oil domestically

Question

Quizplus · Accepted Answer

The ability to ship oil to both the U.S. and overseas markets increases the demand for Canadian oil, which can influence the price at which Canadian producers can sell their oil. If they are only able to ship to one of these markets or domestically, their potential customer base is smaller, and the price they can charge may be affected.

What Is an Important Determinant of the Price at Which