A Group of Producing Countries That Want to Protect Themselves

question 25

Multiple Choice

A group of producing countries that want to protect themselves from price fluctuations on goods traded internationally is called a(n)

• A) community cartel.
• B) monopoly.
• C) cartel.
• D) common cartel.

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Definitions:

High Quality

Describes products or services that meet or exceed consumer expectations with respect to performance, durability, and satisfaction.

Cheap Engagement Ring

An affordable engagement ring which might prioritize cost-saving over size or quality of materials but still signifies a commitment between partners.

Business Suit

A set of clothing consisting of a suit jacket and trousers or a skirt, typically worn in a formal or professional context.

Lawn Mowing Services

A service industry focused on cutting grass to maintain a specified aesthetic and health of lawns.