How does the Organization of the Petroleum Exporting Countries (OPEC) impact the global economy?(1 point) Responses By managing the distribution of agricultural products worldwide. By managing the distribution of agricultural products worldwide. By overseeing international trade agreements By overseeing international trade agreements By controlling the production and pricing of oil, influencing energy markets worldwide By controlling the production and pricing of oil, influencing energy markets worldwide Question 2 What is a primary political effect of the World Trade Organization (WTO)?(1 point) Responses It establishes military alliances between member nations. It establishes military alliances between member nations. It promotes cultural exchange programs among member countries. It promotes cultural exchange programs among member countries. It resolves disputes related to international trade through a structured legal framework.
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It resolves disputes related to international trade through a structured legal framework.
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