Suppose the supply of non-OPEC oil increases due to new petroleum disc
Suppose the supply of non-OPEC oil increases due to new petroleum discoveries in other countries. What happens OPEC’s share of the world oil market?
A) Increases
B) Decreases
C) Remains the same
D) We do not have enough information to answer this question.
ANSWER
B
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.