The 13 Countries That Make Up OPEC Have About Two-Thirds

question 97

True/False

The 13 countries that make up OPEC have about two-thirds of the world's proven crude oil reserves.

---

Definitions:

Wheat Farmers

Individuals or entities engaged in the cultivation and production of wheat as a crop.

Government

The organized system of institutions, laws, and officials that establish and administer public policies and functions within a society.

Private Buyers

Private buyers are individuals or entities that purchase goods or services for personal use or investment, rather than for resale or manufacturing purposes.

Parity Ratio

A measure comparing the value of one set of goods or services to another set, often used in agriculture and trade.