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No, OPEC (the Organization of the Petroleum Exporting Countries) is not a free trade agreement. Instead, it is a coalition of oil-producing countries that coordinates and unifies petroleum policies to stabilize oil markets and secure fair prices for consumers and producers. While free trade agreements focus on reducing trade barriers and promoting trade between countries, OPEC's primary goal is to manage oil production and prices among its member states.
What else can I help you with?
What agreement has lowered trade barriers between Mexico and the rest of north America?
North American Free Trade Agreement (NAFTA)
Can countries trade with each other without a Free Trade Agreement?
Yes, Countries can trade with each other without free trade agreement.
What does NAFTA stand for?
NAFTA stands for "North American Free Trade Agreement."
What does CAFTA stands for?
CAFTA means Central American Free Trade Agreement
What is the North American Free Trade Agreement?
benefitted the Canadian economy
Which president signed the North America Free Trade Agreement?
President Bill Clinton signed the North American Free Trade Agreement and the General Agreement on Trade & Tariffs (NAFTA/GATT)
What does the acronym NAFTA stands for?
N.A.F.T.A. stands for North American Free Trade Agreement.
When was Central European Free Trade Agreement created?
Central European Free Trade Agreement was created on 1992-12-21.
What is anzcerta free trade agreement?
anzcerta is a bilateral trade agreement between newzealand and Australia
What are some Examples of multilateral agreements in Trinidad?
The General Agreement on Tariffs and TradeThe North American Free Trade AgreementThe Central American Free Trade AgreementThe Free Trade Agreement of the AmericasMERCOSURThe Multilateral Agreement on Investment
In the abbreviation NAFTA the t stands for what?
Trade. NAFTA stands for North American Free Trade Agreement. The North American Free Trade Agreement (NAFTA)
The north American free trade agreement nafta unites the us with in one of the worlds largest free trade zones?
north American free trade agreement Canada and Mexico
