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In critical essay The first part of the question ask you discuss dynamic evaluating of OPEC as a powerful organizations and trading community . This

In critical essay The first part of the question ask you discuss dynamic evaluating of OPEC as a powerful organizations and trading community . This part of question can be answered by trying to answer the following sub questions :

1- What is a cartel ?

2- Briefly discuses the rise of performance of OPEC as a powerful organization in the 1970 specially the oil embargo on USA

3-What is the main challenges OPEC has faced in the last 10 years ?you can start from 2001

4-Diescuss some of the main effect of the challenges faced by OPEC and its member countries over the referenced time

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