What Does The O In OPEC Stand For Oil Oligopoly Original?
What Does The O In OPEC Stand For Oil Oligopoly Original? Organization of the Petroleum Exporting Countries (OPEC) Definition. Is OPEC a cartel oligopoly? The Organization of Petroleum Exporting Countries is an example of an international cartel. A cartel is a type of oligopoly. … As cartels are formed and operate in secret, it is