Policy Measures To Mitigate The Impact Of OPEC’s Current Trend As An International Oil Producer Cartel

Nationalization (Strategy 1)Critically discuss different policy measures that non OPEC member States can take to mitigate the impact of OPEC’s current trend as an international oil producer cartel.”
Petroleum is the most essential element for every country throughout the world but it cannot be produced in a factory as it is a natural thing. In world market petroleum plays the most important role in respect of the economic st…