Question

What does OPEC stand for?



Organization of Panama Canal Exporting Countries



A) Organization of Petroleum Efficient Countries



B) Organization of Petroleum Embargo Countries



C) Organization of Petroleum Exporting Countries



D) Organization of Petroleum Extra-dependent Countries

Answer 1

The answer is C.)

Answer 2

http://useconomy.about.com/od/glossary/g/OPEC.htm

"Definition: OPEC stands for The Organization of Petroleum Exporting Countries. It is an organization of 12 oil-producing countries that effectively control the world's oil."