Examlex
Which of the following statements is TRUE?
Game Theory
A branch of mathematics and economics that analyzes strategies in competitive situations where the outcome depends on the actions of all participants.
International Cartel
A consortium of independent organizations formed to limit competition and control prices in international markets.
OPEC
The Organization of Petroleum Exporting Countries, a consortium of countries that coordinates and unifies the petroleum policies of its member countries to secure fair and stable prices for petroleum producers.
OPEC
The Organization of the Petroleum Exporting Countries is an intergovernmental organization of 13 oil-producing countries that coordinates and unifies petroleum policies among member countries.
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