In what ways have prices changed compared to historical norms?
CLEAN : Oil surproduction not the only reason for low prices Minister
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10th Grade - University
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Hard
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The video discusses various factors influencing economies beyond supply and demand, such as geopolitical elements and historical contexts like OPEC. It highlights the growth of nations like China and examines current economic pricing, suggesting a fair market value around 70-75.
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What is considered a fair market price according to the text?
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