If a bunch of food staple producers got together and decided to artificially limit output that results to shortage, that would raise prices. They’d effectively profit more with less. It’s also illegal, so how does OPEC constituents do it?
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What laws? No laws like that actually exist. Despite a good intention, there really isn’t a world wide govt legal authority with any bite. And if there was, we’ll countries certainly have the right to act in their own self interest. Of course they may need to face the consequences.
Countries can do whatever they want. If someone else doesn’t like it, well, they can retaliate. What form that may be in can be what we they want, even war.
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