The booming of northseas gas export revenues in the 1970s


The booming of NorthSeas' gas export revenues in the 1970s, that appreciated the guilder, making industrial exports more costly in foreign currencies and increasing foreign competition and unemployment, is known as

a. Trade deficit.

b. Blind river disease.

c. Dutch disease.

d. Economic turmoil.

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Business Management: The booming of northseas gas export revenues in the 1970s
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