QUESTION 13 Why has OPEC been relatively successful? If the members didn’t coope

Question

QUESTION 13

Why has OPEC been relatively successful?

If the members didn’t cooperate, the price of oil would skyrocket thus only benefiting a few of the oil producing countries.

Member nations have greater control over their production output.

If the members didn’t cooperate, the price of oil would plummet hurting all the nations that produce oil.

All of the above

2 points   

QUESTION 14

Cap and Trade programs provide an economic incentive to power plants and other polluters to reduce their actual emissions by investing in emissions control initiatives.

True

False

2 points   

QUESTION 15

The three techniques for making social identity salient are:

Setting a collective goal, increasing face to face meetings and reframing the situation.

Setting an individual goal, increasing face to face meetings and shifting social identity.

Setting a collective goal, increasing face to face meetings and recategorization.

Setting an individual goal, increasing face to face meetings and defining the social identity.

If the members didn’t cooperate, the price of oil would skyrocket thus only benefiting a few of the oil producing countries.

Member nations have greater control over their production output.

If the members didn’t cooperate, the price of oil would plummet hurting all the nations that produce oil.

All of the above

Explanation / Answer

Answer 13: Option D - All of the above

Answer 14: Option: TRUE

Explanation: A cap program is an upper cap on the greenhouse gases that a company can emit. Through trade, they are even provided with economic incentives since they can buy and sell allowances which gives them the permission to emit only a certain limit of greenhouse gases. In the process of purchase and sales, they are able to make an economic incentive thereby generating profits.Therefore, through trade they get a strong deal to cut on emission this has a dual benefit economic incentive and environment protection.

Answer 15: Option C: Setting a collective goal, increasing face to face meetings and recategorization.

Explanation:

Social identity: it is important to incorporate the ideas of all and not just a single. This will clearly help us in defining the vision of the masses.

Face to face meetings
This will help us known the client in details and work on the nitty gritty according to which he wants the work to be done. It will help us provide attention to details.

Recategorization
It will help classify problems into smaller groups. This will help understand the problem better and come up with innovative ideas.

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