What is the objective of OPEC regional b

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Target Exam

CUET

Subject

Geography

Chapter

Fundamentals of Human Geography: International Trade

Question:

What is the objective of OPEC regional block?

Options:

Coordinate and unify petroleum policies.

Single market with single currency

Accelerate economic growth, cultural development, peace and regional stability

Integration and cooperation on matters of petroleum products.

Correct Answer:

Coordinate and unify petroleum policies.

Explanation:

The aim of OPEC is to coordinate and unify petroleum policies.