question archive OPEC works by: a

OPEC works by: a

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  1. OPEC works by:

a. Demanding that a member nation boycott any company that refuses to follow its rules

b. Nationalizing the oil industry in each member nation

c. Setting a uniform price among its members at which oil will be taxed

d. Setting a unified global price for oil

e. both a and c

 

  1. OPEC's influence has caused:

a. Fuel shortages in the US

b. The Yom Kippur war to end

c. Wealth inequality in oil producing regions

d. All of the above

e. None of the above

 

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