Answer:
The OPEC member countries control a large percentage of the world's oil production which gives them a lot of power to affect world oil prices.
Explanation:
OPEC with a total number of 14 members at present produces about 40 percent of the world's crude oil. Therefore, OPEC actions do affect international oil prices because of the size of the market share the collective controls. However, there are also oil sources beyond the OPEC states. For example, Brent Crude refers to oil that is produced in the Brent oil fields and other sites in the North Sea. WTI is the benchmark crude for North America. WTI is better suited to the production of gasoline while Brent oil favors diesel fuel production. Because together OPEC holds three-quarters of the world's conventional oil reserves and has the world's lowest barrel production costs, it can influence world oil prices and supply by deciding to either produce more or less barrels. If OPEC lowers production the price of oil increases because Brent and WTI have to make up the difference, and their production prices are higher. However, OPEC's ability to affect prices is changing with Canada, China, Russia and the United States increasing their own output in recent years.
They needed access to bodies of water for trade
Answer:
a. all religious institutions
Explanation:
Positive institutions refer to institutions that are organizations and the practices which are structured in societies in order to establish the greatest strengths of human, boost up human strengths, etc
While on the other hand, positive psychology refers to the behaviors of the person or communities that to be prospered in order to give meaningful lives and motivate the experience towards love, work, etc
So based on the given situation, the option b, c and d are deal with both the above terms as it demonstrates the positive way to build a strong, secure, relationship with the colleagues, families, neighborhoods, etc
Hence, the option a is correct one
Daylight's saving <span>saves energy and provides an additional hour of </span>daylight<span> during the evening. Hope I helped! ;)</span>
Answer:
Main Difference
The main difference between Central Government and State Government is that the Central Government is defined as the political authority that governs an entire country or nation, whereas the State Government is defined as a unit of government that is specific for a state
Central Government vs. State Government
The central government is also known as the federal government or union government, and it is the government for the entire nation or country. On the other hand, the state government is specifically the government of states. The central government manages foreign relations, whereas the state government manages public health and safety. The central government has more power, and it has the authority to delegate this power or not; on the flip side, the state government is having the hierarchy of power systems from the state level to the province level.
Explanation:
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