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1.The OPEC oil cartel lost its market power and world oil prices fell in the 1980s because: A.World consumers boycotted OPEC oil. B.Members began to
1.The OPEC oil cartel lost its market power and world oil prices fell in the 1980s because:
A.World consumers boycotted OPEC oil.
B.Members began to cheat on cartel agreements.
C.A limit pricing strategy was pursued by some members of the cartel.
D.OPEC expanded its membership to include all international producers of oil.
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