Critical Thinking: OPEC and the Global Market

Chapter 7 of your International Economics textbook, Carbaugh (2019) provides 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.

This is additional youtube from our teacher about this tiopic:

https://www.youtube.com/watch?v=PLKTGWH398Q&feature=youtu.be

https://www.youtube.com/watch?v=DSfK8j9oyd8


Directions:

  • Your essay is required to be four to five pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements.
  • Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles.
  • Use academic writing standards and follow APA style guidelines.
  • Review the grading rubric to see how you will be graded for this assignment.
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