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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 country gets the greatest percentage of its GDP from oil?

Most likely a Middle Eastern nation such as Saudi Arabia or United Arab Emirates. Double check. Look up OPEC (oil producing eastern countries)


Who is the most influential figure in the world of fashion and social media, known for her iconic style and massive following, often referred to as the "KimKun" of our generation?

The most influential figure in the world of fashion and social media, known for her iconic style and massive following, often referred to as the "KimKun" of our generation is Kim Kardashian.


What country sells the most oil?

The United States is the country that sells the most oil.


Who is the most powerful member of Congress and why?

The Speaker of the House is considered the most powerful member of Congress because they lead the House of Representatives, set the legislative agenda, and have significant influence over the direction of legislation.

Related Questions

How important is the Persian Gulf to OPEC?

Very important, most of OPEC 's member countries are there.


Which country imports the most oil from OPEC?

According to AESC the US is the biggest OPEC customer.


What is the country that imports the second most oil from OPEC in the world?

Japan


Who was the most influential member of SNCC?

Ella Baker


What single country depends most on OPEC oil?

Since the 1970's 80% of the oil in the US comes from OPEC. Before 1970 the USnproduced 80% and imported 20%.


Which country was the most influential on imperial Japan?

Germany yeye boy


What type of government controls the OPEC?

OPEC controls most of the worlds oil source.


What are the non-Arab petroleum producing countries?

The following countries produce more than 1% of the world's petroleum and are listed from most to least percentage: Country Percent of Production Arab or Non-Arab OPEC Member Russia 12.65% Non-Arab Non-OPEC Saudi Arabia 11.28% Arab OPEC United States 10.74% Non-Arab Non-OPEC Iran 4.77% Non-Arab OPEC China 4.56% Non-Arab Non-OPEC Canada 3.90% Non-Arab Non-OPEC Iraq 3.75% Arab OPEC United Arab Emirates 3.32% Arab OPEC Mexico 3.56% Non-Arab Non-OPEC Kuwait 2.96% Arab OPEC Brazil 3.05% Non-Arab Non-OPEC Nigeria 2.62% Non-Arab OPEC Venezuela 2.93% Non-Arab OPEC Norway 2.79% Non-Arab Non-OPEC Algeria 2.52% Arab OPEC Angola 2.31% Non-Arab OPEC Kazakhstan 1.83% Non-Arab Non-OPEC Qatar 1.44% Arab OPEC United Kingdom 1.78% Non-Arab Non-OPEC Azerbaijan 1.20% Non-Arab Non-OPEC Indonesia 1.66% Non-Arab Non-OPEC


In which region or country is Confucianism most influential today?

Confucianism is most influential today in East Asia, particularly in countries like China, South Korea, and Japan.


What country exports oil the most than any other nation?

Not one exports more, but a collection of 21 that belong to OPEC.


Who was the most influential member of the First Triumvirate in 60 BCE who later established himself as a dictator?

It was Julius Caesar.


Who is the chief officer of the Republicans?

The most influential member of the Republican Party is John Boehner, the Speaker of the House of Representatives.