What Is the Meaning of Following Term

question 40

Multiple Choice

What is the meaning of following term:
-OPEC

• A) Decisions influenced by a combination of factors.
• B) A combination of military power, diplomacy, and economic might.
• C) A political and economic coalition formed by developing countries.
• D) Ended the Thirty Years' War in 1648.
• E) The name given to the large oil companies that controlled most of the world's oil until the mid-1950s.
• F) Founded in 1967 to promote the economic and cultural cooperation in Southeast Asia.
• G) Policy of NOT being formally allied with the United States or the Soviet Union during the Cold War.
• H) Founded in 1963 to promote African solidarity and independence.
• I) Common values, family ties, and historical experiences that shape foreign policy.
• J) Created in 1948 and composed of Latin American and Caribbean countries, the United States, and Canada.
• K) A set of goals that is essential to a country's survival, status, and economic prosperity.
• L) Formed in 1960 to counteract the power of the oil companies.
• M) Institutions that are modeled after the World Bank.
• N) When a country's currency loses monetary value and its people have to spend more money to purchase the same amounts of products.
• O) A country's control over its internal affairs and external relations.

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Definitions:

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