Bauxite is an ore used to produce aluminum.If all the countries that produce bauxite assembled for the purpose of raising the price of the ore, the resulting organization would be called:

Question

Quizplus · Accepted Answer

A group of countries or companies coming together to control the price and supply of a certain product is called a cartel. In this case, if all bauxite-producing countries formed such a group, it would be a cartel. Option A, a combine, is also a term used for a similar group of companies working together, but it is not specific to controlling prices. Options B, D, and E are not applicable in this scenario.

Bauxite Is an Ore Used to Produce Aluminum