Social Studies

What is OPEC?

OPEC stands for Organization of the Petroleum Exporting Countries. It is a permanent intergovernmental Organization, created at the Baghdad Conference on September 10 through September 14 1960. Created by Iran,Iraq,Kuwait,Saudi Arabia,and Venezuela

What is NAFTA?

NAFTA stands for North America free trade agreement. It is signed between North America, Canada, and Mexico.

G20

G20 stands forr the group of twenty. It is made up of Argentina,Austrila,Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, The United Kingdom, the United States, and The European Union.

WTO

The world trade organization, or WTO deals with the global rules of trade between nations.

EU

EU stands for the European Union, The European Union is politico economic and has twenty eight states.