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Social Science 6 to 12

Question 7 of 30

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Competency 2—Knowledge of economics

DIRECTIONS: Read the question and select the best response.

As a cartel, the Organization of Petroleum Exporting Countries is most likely to

Choose an answer

restrict the supply of petroleum on the world market to influence its price.
advertise the benefits of petroleum to increase the demand for its product.
build infrastructure to increase the availability of petroleum to its customers.
educate the public about the importance of petroleum conservation.

Enter to expand or collapse answer.Answer expanded: Correct Response: A.