2025hopsonjoshua 2025hopsonjoshua

12-10-2019
Social Studies

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Which is the BEST example of a cartel currently operating in the world economy?

Respuesta :

emofisher14 emofisher14

16-10-2019

Answer

The Organization of Petroleum Exporting Countries (OPEC)

Explanation:

The Organization of Petroleum Exporting Countries (OPEC) is a cartel made up of countries (and nationalized companies) which cooperate to control the supply (and therefore the prices) of a significant amount of the world's oil.

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