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.
The dependency theory asserts that rich countries of the world should be "overdeveloped" while poor countries should be "underdeveloped". Reliance hypothesis is the thought that assets spill out of an "outskirts" of poor and immature states to a "center" of rich states, enhancing the last to the detriment of the previous.
Answer: Canada’s fertility rates have not met the replacement rate of 2.1 needed for stable population growth since 1971. In addition, the life expectancy for Canadians has also increased by more than nine years. In short, Canadians are living longer and having fewer children and less frequently. Without a young population to replace retiring workers, there will be fewer working-age Canadians contributing to the workforce and economy. This imbalance puts pressure on the standards of living, slows economic growth, and creates numerous fiscal challenges. Immigration brings in young families and working-age newcomers. These newcomers fill workplace shortages and contribute positively to the economy. Unfortunately, immigration alone is not the solution to Canada’s ageing and retiring population.
Explanation:
Military chief, the power to veto laws
Amphetamines are found in both prescription form and in illicitly manufactured forms, this is commonly known as speed or uppers. One example of an illicitly manufactured amphetamine is methamphetamine and the designer drugs.Typical street amphetamine is manufactured in illicit laboratories and is found in varied colors, but is normally a white crystalline powder that can be normally sniffed.
