Which of the following best describes the primary function of the Organization of Petroleum Exporting Countries (OPEC)? (1 point)
• A To regulate global oil prices and ensure stable supply
•B To promote renewable energy sources and reduce fossil fuel consumption
• C To facilitate international cooperation on environmental conservation
• D To standardize oil extraction techniques for member countries
A To regulate global oil prices and ensure stable supply
Select the two reasons that describe why trade is essential in Saudi Arabia?
(2 points)
O A. Because Saudi Arabia is surrounded by ocean on all sides.
O B. Because Saudi Arabia specialized in oil refinery but does not grow enough of its own food.
• C. Because Saudi Arabia is centrally located in the region.
• D. Because Saudi Arabia is mostly desert.
B. Because Saudi Arabia specialized in oil refinery but does not grow enough of its own food.
D. Because Saudi Arabia is mostly desert.