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WAEC Economics 2006 Question 50

Question 50

International Economic Organisations

The full meaning of OPEC is

  1. A.Oil and Petroleum Exporting Countries
  2. B.Original Petroleum Exporting Companies
  3. C.Organization of Petrol Exporting Countries
  4. D.Organization of Petroleum Exporting Countries.
Show the answer and explanation

Answer: D (Organization of Petroleum Exporting Countries.)

Explanation

OPEC stands for the Organization of Petroleum Exporting Countries.