Question

Which of the following is a fair assessment of the Oil Producing and Exporting Countries (OPEC) organization? (5 points)
Select one:
a. OPEC produces and distributes most of the oil and gasoline produced in the United States.
b. OPEC was a minor organization in the 1970s with no significant impact on the United States.
c. OPEC is a group of Arab nations that wishes to export oil to its allies and deny it to enemies.
d. OPEC is mainly an economic group but will make use of its power over oil for political reasons.

Answer 1

Most likely B.
Because:
"According to its statutes, one of the principal goals is the determination of the best means for safeguarding the organization's interests, individually and collectively. It also pursues ways and means of ensuring the stabilization of prices in international oil markets with a view to eliminating harmful and unnecessary fluctuations; giving due regard at all times to the interests of the producing nations and to the necessity of securing a steady income to the producing countries; an efficient and regular supply of petroleum to consuming nations, and a fair return on their capital to those investing in the petroleum industry.

Answer 2

^incorrect....

Answer 3

what was the answer!?