Critical Thinking: OPEC and the Global Market

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Critical Thinking: OPEC and the Global Market

In Chapter 7 of your International Economics textbook, Carbaugh (2017) provided a historical account of OPEC and its power in controlling the global petroleum supply. In a critical essay, investigate the dynamics OPEC has faced in the global market in the last ten years. You may select a member country and analyze the effects from the perspective of that jurisdiction. Support your findings with additional academic references.

Directions:

Your essay is required to be 4-5 pages in length, which does not include the title page, abstract or required reference page, which are never a part of the content minimum requirements.

Support your submission with course material concepts, principles and theories from the textbook and at least three scholarly, peer-reviewed journal articles.

Use APA style guidelines.

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