Oil Embargo

The European Union places a block on all oil imports from Syria.

• tariff

• quota

• embargo

A stop or ban on imported goods from a country is ________.

• a tariff

• a quota

• an embargo

In 1973, Southwest Asian (Middle East) countries stopped exporting oil to the United States in protest against the US’ support of Israel. What type of trade barrier is this?

• mountain

• tariff

• quota

• embargo

A government order stopping trade with another country

• tariff

• embargo

• quota

What caused Americans to have to wait in line for hours to get a tank of gas during the 1970s?

• The energy crisis caused by an embargo by OPEC

• Cars were made with older used parts

• Most Americans used corn oil to fuel their cars

What was an effect of the 1973 OPEC oil embargo on the U.S.?

• It had no effect on the economy of the US.

• Forced the US to start building electric vehicles.

• • Crippled the U.S. as people could not get enough gas.

What caused OPEC to stop selling oil to the US?

• America sending aid to Israel

• America doing nothing to aid Israel

• Russia sending aid to America

• Syria and Egypt sending aid to Russia

The OPEC oil embargo showed that the US......

• had an overabundance of oil in our country

• did not need foreign oil

• had enough oil for our cars

• needed foreign oil

What is an oil embargo?

• A government-imposed restriction on oil trade

• A tax on oil imports

• A subsidy for oil exports

• A quota on oil production

Which organization was responsible for the 1973 oil embargo?

• NATO

• OPEC

• UNESCO

• WTO