Answer: Economic imperialism is defined as the extension of economics to. topics that go beyond the classical scope of issues, which include. consumer choice, theory of the firm, (explicit) markets, macroeco- nomic activity, and the fields spawned directly by these areas.
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I'm sure that it is the US had abundant natural resources.
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OPEC means Organization of Petroleum Exporting Countries, which is a group of oil producing countries that regulate the amount of oil each country is able to produce. An example of OPEC members are Saudi Arabia, Iran and Iraq.
