Oral blanc de préparation à l'épreuve de SES au bac européen
Classe de première ES



Preparation : 20 minutes
Oral exam : 10 minutes, 6-7 minutes to answer the question, and 3-4 minutes for discussion.

Using the document and your knowledge, make a structured answer of the following question, you must use examples studied in class.

Subject :

What kind of effects would have
a rise in oil prices on western economies?

Table 1: Effect of a $10 oil price increase (From around $12 a barrel to around $22)
% change in one year

One year after shock
Two years after shock
GDP level    
United States -0.2 -0.2
Japan -0.4 -0.5
European Union -0.2 -0.2
Consumer price level    
United States 0.4 0.6
Japan 0.5 0.7
European Union 0.6 1.1
Current external account (% of GDP)    
United States -0.1 -0.1
Japan -0.2 -0.2
European Union -0.1 0.0

 

Source: OECD.


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