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IS OPEC'S ALLOCATION OF CRUDE OIL PRODUCTION EFFICIENT? (Bachelor Thesis in Economics) / IS OPEC‟S ALLOCATION OF CRUDE OIL PRODUCTION EFFICIENT? (Bachelor Thesis in Economics)

<p>The foundation of OPEC (Organization of Oil Exporting Countries) was laid in the early 1960‟s by the five major oil exporters, Iran, Iraq, Kuwait, Saudi Arabia and Venezuela, in Baghdad, Iraq. OPEC is supposed to allocate its production level among its member countries based on cartel- dominant firm model, for profit maximization.</p>

Identiferoai:union.ndltd.org:UPSALLA/oai:DiVA.org:mdh-6586
Date January 2009
Creatorsud din, Fateh, hazar, Hazal, salih, ali
PublisherMälardalen University, School of Sustainable Development of Society and Technology, Mälardalen University, School of Sustainable Development of Society and Technology, Mälardalen University, School of Sustainable Development of Society and Technology
Source SetsDiVA Archive at Upsalla University
LanguageEnglish
Detected LanguageEnglish
TypeStudent thesis, text

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