<em>The purpose of OPEC for members is to coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers and a fair return on capital for those investing in the petroleum industry.</em>
OPEC has been gaining steady power and influencing the global oil market since the 1970s when OPEC had ~50% of market share in global crude oil production. High market share has also given OPEC the bargaining power to price oil above what prices would be in a more competitive market.
Castiglione thought that the ruling class should follow a standard of conduct.
Machiavelli believed that the rulers must look like they are generous but that they must do what they need to do to keep order.
Well I can eliminate the last one right, why would they want to lose money? I’d say it’s the 3rd one because who had more say on what happens with their company? If it’s incorrect I’ll straight up delete this unlike a lot of other people.
Answer: The plan called for a legislature divided into two bodies the Senate and the House of Representative with proportional representation. That is, each state's representation in Congress would be based on its population.
