What is a major complaint of Chinese oil firms regarding price controls?
Oils Fall Could Free Chinas Retail Gas Prices

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Business, Architecture
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
They can pass on high crude costs to consumers.
They benefit from high crude prices.
They cannot pass on high crude costs to consumers.
They have no impact from price controls.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the goal of Premier Li Keqiang's reform agenda?
To reduce the role of the market in price setting.
To eliminate all price controls immediately.
To increase government control over fuel prices.
To let the market play a decisive role in setting prices.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What challenge is President Widodo facing in Indonesia regarding fuel price controls?
Possible protests if price controls are removed.
No political considerations.
Increased profits for oil companies.
Support from the public for price controls.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the NDRC determine domestic fuel prices?
By consulting with foreign oil companies.
By following international market trends without review.
By setting prices once a year.
By reviewing global crude market prices every 10 days.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which company is most vulnerable to low crude prices due to its profit structure?
NDRC
CNOOC
PetroChina
Sinopec
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