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Essay

OPEC and its proposition in the south

Essay specific features

 

Issue:

Business

 

Written by:

Robert B

 

Date added:

December 2, 2015

 

Level:

University

 

Grade:

B

 

No of pages / words:

9 / 2354

 

Was viewed:

9392 times

 

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Essay content:

These five countries- Saudi Arabia, Iran, Iraq, Kuwait, and Venezuela- were responsible for nearly 80% of all world oil exports at the time. From this point forward, OPEC would become the primary policy-making body for the price regulation of petroleum exports. Fuad Rouhani, the first Secretary-General of OPEC, established that the objectives of this organizations were: 1) Endeavoring by all possible means to restore the price of crude oil to the level existing before the reductions...
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(AL_Sowayegh, 34) OPEC would consist of a Board of Governors, with one representative from each of the member countries. Also, the Board of Governors would elect the Chairman and the Secretary-General. The organization is permanently seated in Vienna, where the Secretary-General is entrusted with numerous responsibilities in conjunction with his five departments: Technical, Administration, Legal, Economics, and Information...
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General issues of this essay:
Carlel Opec Case Crude Oil and Prices: OPEC needs to be shut down! critical assessment as to why, according to the Stability and Growth Pact, member countries of the EU should maintain deficits within 3% of their GDP. Got Those OPEC Blues Again And Rational Exuberance OPEC Reserves OPEC and its proposition in the south opec opec Economic Structure of OPEC got Those Opec Blues Again" And "rational Exuberance Impact Of Opec investing in eu member countries Opec Power: Past And Present OPEC Power: Past And Present Opec
 

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