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29 November, 09:32

Which is the BEST example of a cartel currently operating in the world economy?

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  1. 29 November, 09:35
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    Answer

    The Organization of Petroleum Exporting Countries (OPEC)

    Explanation:

    The Organization of Petroleum Exporting Countries (OPEC) is a cartel made up of countries (and nationalized companies) which cooperate to control the supply (and therefore the prices) of a significant amount of the world's oil.
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