In your International Economics textbook, Carbaugh (2015, pp. 240-243) provided a historical account of OPEC and its power in controlling the global petroleum supply. In a critical essay, investigate the dynamics OPEC has faced in the global market in the last ten years. You may select a member country and analyze the effects from the perspective of that jurisdiction. Support your findings with additional academic references.
- Your essay should be 3-5 pages in length, not including the title and reference pages.
- You must include at minimum three credible sources. Use the Saudi Electronic Library to find your resources.
- Your paper must follow Saudi Electronic University academic writing standards and APA style guidelines, as appropriate.