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What is the group of nations that sets oil prices and production levels?
Wiki User
∙ 11y ago
The Organization of the Petroleum Exporting Countries (OPEC). Made up of Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela.
Wiki User
∙ 17y ago
Wiki User
∙ 11y agoOPEC
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What group was formed to regulate oil prices?
OPEC
What are Taiwan's poverty levels?
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Group that wanted the state to own all means of production was the?
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How a production possibility curve depends on factors of production?
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A group of companies that agree to cooperate with each other by setting prices production quotas and wages is called?
A trust or a monopoly
What group is known as the forerunner to the united nations?
The League of Nations
This is an international peacekeeping group of nations founded in 1945?
United Nations
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The Commonwealth of Nations is a group of nations most of which are former British colonies?
Absolutely right.
What group wants the state to own all means of production?
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What is a group of nations from all over the world that cooperate on issues that they agree are important?
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What element has 5engry levels and is in group 2?
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Who formed nations first abolitionist group?
The first abolitionist group was the Quakers Thanks
Which of the following groups of people are affected by the laws of economics?
All of the groups you listed - consumers, producers, and workers - are affected by the laws of economics. Consumers make choices based on prices and preferences, producers respond to changes in supply and demand to set prices and production levels, and workers are influenced by factors like wages and job availability.
Group composed of oil-exporting nations?
OPEC
