OPEC is:
A) the Organization of Petroleum Exporting Countries.
B) an international cartel made up of 13 oil-producing countries.
C) the cartel that was responsible for the large increases in crude oil prices in the 1970s.
D) described by all of the above.

Question

Quizplus · Accepted Answer

All of the options listed in A, B, and C are true about OPEC. It is the Organization of Petroleum Exporting Countries, an international cartel with 13 member countries, and it was responsible for the large increases in crude oil prices in the 1970s. Therefore, D (described by all of the above) is the correct answer.

OPEC Is