Middle School Social Studies Praxis

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1)economic/political union formed in 1993 after ratification of Maastricht Treaty by the European Community (forms its core)
2)treaty expanded scope of European Community to pursue broader goals: a)foreign and security policy, and b) provided for a central European bank and the adoption of a common currency by the end of the 20th century

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European Union (EU)

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1)Administers trade rules between its 144 members.
2)respects rights of govts to pursue broader goals: sustainable development, the protection of human, animal or plant health, and the provision of public services

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World Trade Organization (WTO)

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* international organization composed of most of the countries of the world
*founded in 1945 to promote peace, security, and economic development

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United Nations (UN)

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* international organization created in 1949 by the North Atlantic Treaty for collective security

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North Atlantic Treaty Organization (NATO)

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* organization of countries formed in 1961 to agree on a common policy for the sale of petroleum

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Organization of Petroleum Exporting Countries (OPEC)