Correct option is A
The correct answer is (A) OPEC.
Explanation:
- OPEC is a group of oil-producing countries that collaborate to control oil production and pricing, making it an example of an agreement between oligopolists.
Incorrect Options:
- UNO: An international organization focused on peace and security.
- UNESCO: Promotes international cooperation in education, science, and culture.
- WHO: Focuses on global health issues.
Information Booster:
- OPEC: Founded in 1960, headquartered in Vienna, Austria.
- Purpose: To regulate oil production and ensure fair prices for oil-producing countries.