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Automobile (Car) Industry

C/E/793. Economic Impact of Rising Fuel Prices on Automotive Industry

WORDS:
6950
DATE:
2011
PRICE:
69.99 GBP

This paper discusses oil prices and performance in the car industry. The objectives are to assess the factors that influence automotive industry, to evaluate economic consequences of rising oil prices, to discuss the role of government intervention that relates to automotive industry, and to discuss the role of government intervention that relates to automotive industry. The paper then discusses a range of literature some of which focuses on oil price shares, price elasticity of demand for fuel, and government intervention. The paper discusses all of the topics presented before conclusions are made.

 

KEYWORDS: Oil prices, performance, car industry, automotive industry, government intervention, oil price shares, price elasticity!,

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