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What is OPEC and how would it be described in economic terms? 200 words

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Economics

What is OPEC and how would it be described in economic terms?200 words

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The membership objective of OPEC is to coordinate and unify the petroleum policies of its member countries and ensure the stability of the oil markets in order to ensure an secure economic and regular supply of petroleum to customers a steady income for producers and a reasonable return on capital for those investing in the petroleum    See Answer
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