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7.The standard one-shot Prisoners' Dilemma game suggests that there will never be cooperation among the Organization of Petroleum Exporting Countries (OPEC) to determine their level

7.The standard one-shot Prisoners' Dilemma game suggests that there will never be cooperation among the Organization of Petroleum Exporting Countries (OPEC) to determine their level of oil production. Illustrate why this is the case and hypothesize why this may not be the case in the real world.

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