Question

introduction: match each organization with its mission and purpose.
european union
world trade organization
organization of petroleum exporting countries
united states-mexico-canada agreement
sets oil production and prices for member nations
updates rules for newer technology and stricter enforcement of trade
supports a common market and a common currency
promotes global commerce and resolves commerce-related disputes

Explanation:

1. The European Union (EU) operates as an economic and political union with a single market and shared currency (the Euro for most members).
2. The World Trade Organization (WTO) is a global body focused on facilitating international trade and resolving trade disputes between nations.
3. The Organization of Petroleum Exporting Countries (OPEC) coordinates oil production levels and prices among its member oil-exporting nations.
4. The United States-Mexico-Canada Agreement (USMCA) updated the prior NAFTA, with rules for modern technologies and stricter trade enforcement for North American trade.

Answer:

• European Union → Supports a common market and a common currency
• World Trade Organization → Promotes global commerce and resolves commerce-related disputes
• Organization of Petroleum Exporting Countries → Sets oil production and prices for member nations
• United States-Mexico-Canada Agreement → Updates rules for newer technology and stricter enforcement of trade