ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Africa
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North America
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South America
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Southwest Asia
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Detailed explanation-1: -The Organization of the Petroleum Exporting Countries (OPEC) is a permanent, intergovernmental Organization, created at the Baghdad Conference on September 10–14, 1960, by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela.
Detailed explanation-2: -Secretariat. The OPEC Secretariat is the executive organ of the Organization of the Petroleum Exporting Countries (OPEC). Located in Vienna, it also functions as the Headquarters of the Organization, in accordance with the provisions of the OPEC Statute.
Detailed explanation-3: -OPEC countries in Southwest Asia have gained wealth. These Middle Eastern countries have also raised their standard of living. A citizen that lives in a wealthy country may have the access to quality houses, food, health care, education, jobs, transportation, communication, and luxury items.
Detailed explanation-4: -As of January 2020, OPEC has 13 member countries: five in the Middle East (Western Asia), seven in Africa, and one in South America. Approval of a new member country requires agreement by three-quarters of OPEC’s existing members, including all five of the founders. More items