Natural Resource Cartels Such as OPEC Are Inherently Unstable Because

question 104

True/False

Natural resource cartels such as OPEC are inherently unstable because their members operate with excess capacity and have an incentive to cheat on their output quotas.

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Definitions:

Involuntary Contractions

Muscle contractions that occur without the conscious control of the person, such as muscle spasms or reflex actions.

Medical Emergencies

Situations requiring immediate medical attention due to a sudden injury or illness that poses an immediate risk to life or health.

Childproof

Designed to be safe for use around children or to prevent children from gaining access to the contents or harming themselves with it.

Biologic Agent

Substances derived from living organisms used in the treatment or prevention of diseases.