The four largest gold-producing countries in the world want to form a collective-bargaining unit to provide gold-producing nations with some control of gold prices.These nations will most likely model the unit after
A) EU.
B) OPEC.
C) NAFTA.
D) ASEAN.
E) GATT.

Question

Quizplus · Accepted Answer

The most relevant model for a collective-bargaining unit of gold-producing countries would be OPEC (Organization of the Petroleum Exporting Countries), which has successfully controlled oil prices through collective action since 1960. The other options listed do not have the same focus on natural resource production and pricing.

The Four Largest Gold-Producing Countries in the World Want to Form