Your answer to this should be A) trust
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.
<span>1) Suppose the world price of steel rises substantially. The demand for labour among steel-producing firms in Northern Ontario will increase. The demand for labour among automobile-producing firms in Southern Ontario, for which steel is an input, will decrease. The temporary unemployment resulting from such sectoral shifts in the economy is best described as structural unemployment.
2) Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal? Check all that apply.
b) Establishing government-run employment agencies to connect unemployed workers to job vacancies.
</span><span>c) Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks.</span>
Answer: The four stages of social movements are bureaucratization, emergence, decline and coalescence.
Explanation:
Emergence: It is the initial stage of social movement. The movement attains little to no organization at this stage and the goals are unclear.
Coalescence: It is the second stage and it is associated with the discontent and social agitation against the opposing party for which the movement has created.
Bureaucratization: It is the stage in which the social movement raises awareness and reaches up to a higher level of organization.
Decline: This is the last stage which can achieve either success or failure. In this stage repression of the complainants or co-optation when the authorities and the complainants reach a conclusion.
