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.
Answer:
A
Explanation:
They introduced smallpox a pandemic disease which killed most of the natives
Guyana, Suriname and French Guiana are different in that they have traditionally been seen as isolated socially and culturally from each other and from the Caribbean neighbours. Furthermore,They are quite cut off from the South American continent in which they are geographically situated.
The reason from this disconnection may reside in the fact that The Guyanas are the only territories in South America that were once a colonies belonging to England (Guyana)France(French Guyana) and The Netherlands(Suriname).
An economy is a method of allocating capital to meet the needs and desires of individuals. It sets out how goods and services are produced and exchanged. The economics study is called economics and an individual who studies economics is called an economist.
I think it is B <span> By allowing more labor unions</span>