Which of the following is NOT a reason that the Organization of Petroleum Exporting Countries was more successful at affecting the price of oil than other commodity cartels?
A)There are a small number of countries with significant oil reserves.
B)Oil is not a commodity that spoils,so there is no need to sell it off quickly.
C)Many oil-producing countries have cultural ties to one another.
D)Members were able to strictly enforce compliance with the organization's policies.
E)There are few alternative sources of energy to substitute for oil.

Question

Quizplus · Accepted Answer

OPEC's success was not primarily due to strict enforcement of compliance, as member countries have often struggled with adherence to production quotas.

Which of the Following Is NOT a Reason That the Organization