OPEC Is an Example of a Producer's Cartel That Is

question 60

True/False

OPEC is an example of a producer's cartel that is successful because of its ability to institute tariffs on oil exports.

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Definitions:

Java.io

A package in Java that contains classes for system input and output through data streams, serialization, and the file system.

Java.awt

A package in Java that contains classes for creating graphical user interfaces and for painting graphics and images.

Java.lang

The fundamental package in the Java programming language that provides classes that are essential to the design of the Java programming language.

Implements

A keyword in Java used by classes to specify that they will provide implementations for the methods defined in an interface.