The Organization of Petroleum Exporting Countries (OPEC) is a?

By: |Published on: May 28|Categories: Economics WAEC| 0 comments

A. cartel
B. duopoly
C. monopoly
D. monopsony

Correct Answer: Option A

A. cartel

Users Also Read These:

SEE ALSO  if over a period of time there is more money in the economy than the available goods and services, the economy is likely to experience?

Copyright warnings! Do not copy.