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Q1/ Suppose the price of oil is falling due to a drop-off in demand during the Covid19 crisis. Explain what a group of oil-producing nations

Q1/ Suppose the price of oil is falling due to a drop-off in demand during the Covid19 crisis. Explain what a group of oil-producing nations (like OPEC) that control a significant amount of the world's oil supplies could do in order to keep prices (and hence profits) high.

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