The four largest gold-producing countries in the world want to form a collective- bargaining unit to provide gold-producing nations with some control of gold prices.These nations will most likely model the unit along the _____.
A) EU
B) OPEC
C) NAFTA
D) ASEAN
E) GATT

Question

Quizplus · Accepted Answer

OPEC (Organization of the Petroleum Exporting Countries) is a collective-bargaining unit formed by oil-producing nations to control oil prices. Therefore, it is the most relevant model for gold-producing nations to follow in their formation of a collective-bargaining unit to control gold prices.

The Four Largest Gold-Producing Countries in the World Want to Form