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QUESTION IMAGE

select the correct answer. which organization holds a great influence o…

Question

select the correct answer.
which organization holds a great influence over global politics and trade because of its control of oil reserves?
a. organization of the petroleum exporting countries (opec)
b. asia - pacific economic cooperation (apec)
c. international monetary fund (imf)
d. united states trade representative (ustr)

Explanation:

Brief Explanations

OPEC is an intergovernmental organization of oil-exporting nations that coordinates oil production and prices, directly influencing global politics and trade through its control over significant oil reserves. The other options focus on economic cooperation (APEC), monetary policy (IMF), and U.S. trade representation (USTR), not oil reserve control.

Answer:

A. Organization of the Petroleum Exporting Countries (OPEC)