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International Trade ABCs
Transcript of International Trade ABCs
North American Free Trade Agreement
World Trade Organization
global international organization dealing with the rules of trade between nations
Organization of Petroleum Exporting Countries
International Trade ABCs
international organization for collective defense in Southeast Asia created by the Southeast Asia Collective Defense Treaty, or Manila Pact, signed in September 1954 in Manila, Philippines.
military alliance of European and North American democracies founded after World War II to strengthen international ties between member states—especially the United States and Europe—and to serve as a counter-balance to the Soviet Union and the Warsaw Pact.
The G20 is an informal group of 19 countries and the European Union, with representatives of the International Monetary Fund and the World Bank. The finance ministers and central bank governors began meeting in 1999, at the suggestion of the G7 finance ministers in response to the global financial crisis of 1997-99.
Will be on IA2
three-country accord negotiated by the governments of Canada, Mexico, and the United States that entered into force in January 1994
a union of oil producing countries that regulate the amount of oil each country is able to produce
The G8 summit is an annual meeting between leaders from eight of the most powerful countries in the world. The aim is to try to tackle global problems by discussing big issues and planning what action to take. The leaders of the countries meet every year in a different member country.
The Group of Seven (G7) is an informal bloc of industrialized democracies--the United States, Canada, France, Germany, Italy, Japan, and the United Kingdom--that meets annually to discuss issues such as global economic governance, international security, and energy policy.