One objective of organisation of patroleum exporting coun...
One objective of organisation of patroleum exporting countries (OPEC) is to?
Harmonize and stabilize oil prizes
Ensure excess supply of oil to consuming countries
Subsidize oil prices in member countries
Assist member countries to exploit oil resources
Correct answer is A
OPEC's objective is to co-ordinate and unify petroleum policies among Member Countries, in order to secure fair and stable prices for petroleum producers; an efficient, economic and regular supply of petroleum to consuming nations; and a fair return on capital to those investing in the industry.
The percentage contribution of the transport sector is: ...
A rise in government expenditure can lead to ...
The age distribution of a country's population is of economic importance because it affects the ...
An increase in the prices of factor inputs may result in ...
The foregone alternative in Economics is simply the ...
The effect of privatization on the industrial sector of a country is that it ...
Cost-push inflation is caused by? ...
Foreign exchange control in Nigeria is administered by the ...