Word: kraayenhof
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...that was the skirting of important issues. There was, for example, plenty of talk about how to stop members from undercutting official prices through barter deals and other so-called processing arrangements, but no real action. Last year OPEC agreed to hire the Dutch auditing firm of Klijveld Kraayenhof to police prices and quotas. As of last week several members, Iran among them, were still refusing to give the accountants the information needed to determine who was cheating...
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