L3 | Reasons for groups Flashcards

1
Q

Why would a group like OPEC want to exist?

A

In order to look at political interests, such as the pricing of oil or supplies across countries,

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2
Q

Name a group that could be used to show economic development.

A

NICs, BRICS

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3
Q

How has something like NAFTA helped countries like Mexico?

A

They are given free trade between the USA, as they are in the same trade bloc.

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4
Q

What is a similarity between the Davos group and OECD?

A

They have the same goal, to improve economic and social health on a worldwide scale.

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5
Q

Name 2 groups that exist due to historical reasons (colonialism/language).

A

Ex-Soviet Union and Commonwealth

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