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Title: OPEC, the Organization of Petroleum Exporting Countries, was formed in Baghdad in 1960. Since its fo Post by: Loraine on Jun 21, 2015 OPEC, the Organization of Petroleum Exporting Countries, was formed in Baghdad in 1960. Since its formation, this cartel has suffered from a major problem with respect to the quota (limit) of output it assigns each member nation. What is OPEC's goal and what sort of quota do you think the cartel assigns? How and why do nations cheat on their quota? What happens when a nation cheats on its quota?
Title: Re: OPEC, the Organization of Petroleum Exporting Countries, was formed in Baghdad in 1960. Since it Post by: VincenzoD on Jul 20, 2015 Content hidden
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