passpadi

1999

government

67ca01280c643c71d77dee2b

The major strategy used by OPEC to influence oil price is by

A.

allocating production quotas to members

B.

influencing buyers at the international market to buyer at high prices

C.

allowing member countries to produce at their discretion

D.

increasing the supply of the commodity

Correct Answer: allocating production quotas to members

Explanation

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