Refer to the graph above and answer the questions that follow. If 20% of oil produced by the OPEC countries is imported by U.S., which makes 90% of its total oil imports, what was total oil imports of U.S. in year 1998?
A
4500 mb
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B
900 mb
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C
3600 mb
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D
2700 mb
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E
None of these
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Solution
The correct option is C 3600 mb Total oil produced by OPEC in year 1998 = 45 mb/day Oil imports by U.S.= 0.2 x 45 = 9 mb/day Total oil imports by U.S = 90.9 = 10 mb/day Total oil imports in year 1998 = 10 x 360 = 3600 mb. Hence, [c].