1. What is the primary action that connects the world together? TRADE

2. Have you ever traded? What did you want? What did you have to give up? Was it a good trade for you? Was it a good trade for the other person? Did the two of you ever trade again?

3. Why do countries trade? Brainstorm answers to this question on the back of your World Trade Alliances worksheet.

4. World Trade Alliances

5. NAFTA North American Free Trade Agreement Countries: United States Canada Mexico Purpose: Encourage free trade (no tariffs) on most good originating in and traded between these countries

7. EU European Union Countries: France Germany Italy United Kingdom Spain Purpose: To promote economic and social progress and a high level of demployment between these countries

9. OPEC Organization of Petroleum Exporting Countries Countries: Iraq Iran Saudi Arabia Qatar Purpose: To control the production of oil and to establish favorable oil prices for member nations

11. OAS Organization of American States Countries: Brazil United States Mexico Chile Haiti Purpose: To strengthen peace, seek solutions to political, judicial and economic problems, and to promote economic and cultural development

13. ASEAN Association of Southeast Asian Nations Countries: Vietnam Thailand The Philippines Cambodia Singapore Purpose: Acceleration of economic growth,social progress, cultural development, and protection of peace and stability of its member nations

15. CARICOM Caribbean Community and Common Market Countries: Bahamas Antigua Jamaica Guyana Grenada Purpose: To promote economic integration and cooperation among its members and to coordinate foreign policy

17. OAU Organization of African Unity Countries: Algeria Nigeria Morocco Egypt Ethiopia Purpose: To promote unity, to achieve better lives for all African people, to defend independence and to promote international trade