To Function as a Monopoly, OPEC and Other Cartels Rely

question 186

Short Answer

To function as a monopoly, OPEC and other cartels rely on __________ among members.

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Definitions:

Constraining

Inhibiting or restricting someone's actions or freedom, often through external pressures or limitations.

Ethnocentrism

Ethnocentrism is the belief in the inherent superiority of one's own ethnic group or culture, often accompanied by prejudice or discrimination against people of other groups.

Multiculturalism

A societal approach that recognizes, values, and promotes cultural diversity and the coexistence of different cultural traditions.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture over others, often leading to prejudice and discrimination.