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7 August, 16:29

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. ASEAN.

b. OPEC.

c. NAFTA.

d. GATT.

e. EU.

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Answers (1)
  1. 7 August, 16:38
    0
    The correct answer is letter "B": OPEC.

    Explanation:

    The Organization of the Petroleum Exporting Countries or OPEC is an organization founded in 1960 with the participation of Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. The OPEC had the purpose of promoting fairness among oil-producing countries on stable prices and supply of the natural resource. Nowadays there more than eleven (11) countries who joined this foundation.

    In that case, the four largest gold-producing countries in the world would be imitating the OPEC if they found a collective-bargaining unit to control production and prices. over the precious metal.
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Home » Business » 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. ASEAN. b. OPEC. c. NAFTA. d.
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