Question 50
OPEC and Other International OrganisationsOne of the organizational weaknesses of the Organization of Petroleum Exporting Countries is its inability to
- A.collect membership dues promptly
- B.punish erring members
- C.assist poor countries
- D.monitor global oil consumption.
Show the answer and explanation
Answer: B (punish erring members)
Explanation
OPEC cannot effectively punish members who produce above their quotas, which weakens its control of oil prices.