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Opec
Essay specific features
Written by:
Matthew R
Date added:
February 24, 2016
Level:
University
Grade:
B
No of pages / words:
6 / 1488
Was viewed:
6768 times
Rating of current essay:
Essay content:
There are many economic issues that are determined in the rise and fall of the American stock market; one of those issues is the price of oil. On many levels, the price of oil is dictated by groups of governments that have a stake in the success of the Organization for Petroleum Exporting Countries (OPEC)...
displayed 300 characters
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American consumers deserve to know how OPEC and its member countries influence the price of oil around the world.
OPEC controls the price of oil around the world, and a majority of the world’s oil reserves, producing 29.9% of America’s imported oil ("How dependent", 2008). The Organization for Petroleum Exporting Countries, referred to as OPEC, was created in Baghdad, Iraq, in September of 1960...
displayed 300 characters
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