Question

What was the plan created by carter to combat the trade deficit?
a. import blocking plan
c. higher tariff plan
b. national energy plan
d. national total buying plan

Answer 1

national energy plan

Answer 2

Answer:

The correct answer is B. National energy plan.

Explanation:

By the time Jimmy Carter was President, there were economic problems related to high unemployment as well as high inflation. Moreover, in 1979 OPEC decided to raise oil prices and President Carter had to take measures to conserve energy.

Thus, President Carter created an energy policy in the country to deregulate oil prices and in this way improve the U.S. supply. He wanted to decrease oil prices through the improvement of supply and a lower demand. Finally, he decided to create a Department of Energy to avoid more crises concerning energy and at the same time regulate and control the industry.