World Geography / Unit 4: Economic and Political Geography
4.6 Supranational Organizations
Notes
Supranational organizations are groups of countries that work together on shared goals.
- United Nations (UN): founded in 1945 after World War II to promote peace and cooperation. Headquarters in New York City.
- European Union (EU): a political and economic union with a common market and free movement of people, goods and services among members. Many members share the euro. The United Kingdom left in 2020 ("Brexit").
- NATO: a military alliance of North American and European countries, formed in 1949.
- OPEC: oil-producing countries that coordinate oil policies. ASEAN: Southeast Asian nations. African Union: African states. WTO: promotes and settles disputes over world trade.
- USMCA: free-trade agreement among the United States, Mexico and Canada (replaced NAFTA in 2020).
Practice
Which organization has a common currency, the euro, used by many of its members?
The euro is used by many EU member countries.
Which organization is a military alliance formed in 1949?
NATO is the North Atlantic Treaty Organization.
Several oil-producing countries meet to coordinate how much oil they produce and sell. They are acting as
OPEC is the Organization of the Petroleum Exporting Countries.
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