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earnstyle [38]
3 years ago
5

Member nations of OPEC have been able to take advantage of a natural monopoly true or false

History
1 answer:
abruzzese [7]3 years ago
4 0
Since OPEC has influence on member countries' economic growth and development. ... Moreover, despite the existing quotas on oil production, the member countries make benefit by oil exporting. OPEC influence and maintain the prices of oil by controlling the volume of oil production and generate revenue.
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