The formation of cartels or monopolies in other to obtain...
The formation of cartels or monopolies in other to obtain better bargaining or deals from other countries is characteristic of which of the following?
International monetary Fund
Countries with comparative advantage
Countries with superlative advantage
Countries producing same or identical goods
Correct answer is D
Members producing the same or identical goods can form cartels or monopolies in other to obtain better bargaining or deals from other countries outside the membership.
A major function of the price mechanism is that it determines the ...
To control inflation, the central bank of a country may adopt ...
.............is presently used in Nigeria to measure inflation ...
The petro-chemical industries are located in Rivers State of Nigeria due to _______ ...
The total value of goods and services produced within the borders of a country is ...