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An association of firms, producing similar commodities, formed in order to keep up ...

An association of firms, producing similar commodities, formed in order to keep up prices by restricting output is called?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A A chamber of commerce
  • B A customs union
  • C An amalgamation
  • D A cartel
  • E A combination
Correct Answer: Option D
Explanation:

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