Titlebook: North Sea Oil in the Future; Economic Analysis an Colin Robinson,Jon Morgan Book 1978 Colin Robinson, Jon Morgan and the Trade Policy Resea

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North Sea Oil and the World Economy,mic vertical scale) shows the growth of world oil output from 1860 to 1970. After very large percentage rates of increase in the early years the average annual compound rate of increase was near to 7 per cent from 1900 to 1970, implying an output doubling time of approximately ten years.

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