answersLogoWhite

0


Best Answer

OPEC is the Organization of Petroleum Exporting Countries. OPEC deals with all the exported oil/Petroleum going in and out of countries. They control the price of oil/petroleum. EU is the European Union. The European Union deals with the economic problems, and other problems of it's members. It's also to create a common currency.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the difference between OPEC and the EU?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the difference between BP to OPEC?

BP is simply an Oil producing firm whilst OPEC is a trade bloc/ organisation which regulates the production of oil within 12 countries


What is the difference between biriyani polao?

eu zusht mane...eat then haga!


What describes a difference between OPEC and the WTO?

One key difference between OPEC (Organization of the Petroleum Exporting Countries) and the WTO (World Trade Organization) is their primary focus. OPEC aims to coordinate and unify petroleum policies among member countries to stabilize oil markets, while the WTO focuses on regulating international trade and resolving trade disputes. Additionally, OPEC is a voluntary organization composed of oil-producing countries, while the WTO is a global institution with a broader membership that includes most countries in the world.


What is the difference between the EU and the EU zone?

The EU is just the European Union. Any countries of Europe can apply to receive EU membership if they qualify. The EU (or Euro) zone is the collection of member countries which share the currency the Euro. The Euro is now compulsory for all EU members, except the UK and Denmark which have opted out but may join in the future.


When was OPEC set up?

OPEC was formed between September 10-14 1960, and was in effect January 1961.


What is the difference between trailable and non trailable point machine?

Tare as mai vrea si eu sa stiu .....


Who owns OPEC?

opec


Is there a difference between Europe and the EU?

Yes. Europe is a continent consisting of about 50 countries. The European Union is an organisation, of which 27 of those countries are a member of.


Difference between EC and EU?

The former came into being by the Treaty of Rome 1957 and the latter by the Treaty on European Union of 1992 but the Treaty of Lisbon of 2007 (ratified in 2009) amended those two treaties to make the EC (renamed TFEU, Treaty on the Functioning of the EU) as one of the three pillars of the EU.


Which among the following organization is an best example of an agreement between Oligopolists?

OPEC


Where is the headquater of opec?

where is the head quarter of opec


What is the population of OPEC?

OPEC's population is 372,368,429.