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.

---

Definitions:

Autopsy

A medical examination of a body after death to determine the cause of death or the character and extent of changes produced by disease.

Histology

The study of the microscopic structure of tissues.

Extracellular Material

Substances found outside of cells within a tissue or organism, which provides structural and biochemical support to surrounding cells.

Matrix

The intercellular substance of a tissue, or the material in which cells are embedded, ranging from the fluid blood plasma to solid bone.