Multiple Choice
OPEC can be classified as which of the following?
(i) a group whose concern is to control production levels of oil
(ii) a group of oligopolists
(iii) a cartel
A) (i) and (ii)
B) (ii) and (iii)
C) (i) and (iii)
D) (i) , (ii) and (iii)
Correct Answer:
Verified
Correct Answer:
Verified
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