Protesters fight the plan to open Mexicos state oil monopoly to private investment. In Mexico, the government
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Protesters fight the plan to open Mexico’s state oil monopoly to private investment. In Mexico, the government sets the price and taxes the monopoly’s profit.
The price in Mexico is $2.48 a gallon and in the United States is $3.37 a gallon.
Describe how the Mexican government regulates the domestic oil market.
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