mediumFPSCNTSCSSPPSCEconomic Blocs (G20, BRICS)
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OPEC was founded in which year?

A1958
B1960
C1962
D1964

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Correct Answer: B: 1960

Explanation: The correct answer is B: 1960. OPEC was founded in September 1960 in Baghdad, Iraq. The founding members were Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela.

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