Which group is an example of a commodity organization? european union world trade organization north american free trade agreeme

Question

Alja [10]

3 years ago

15

Which group is an example of a commodity organization? european union world trade organization north american free trade agreeme

nt organization of petroleum exporting countr?

Social Studies

2 answers:

omeli [17] · Answer 1 · 2022-01-12T11:30:37+03:00

omeli [17]3 years ago

6 0

D. organization of petroleum exporting countries

Mrac [35] · Answer 2 · 2022-01-12T13:07:16+03:00

Answer:

Organization of Petroleum Exporting Countries

Explanation:

Commodities are products that function as raw materials, produced in scale and that can be stored without loss of quality, such as oil, frozen orange juice, coffee, soy and gold. In this way its price is determined by the world market as a consequence of supply and demand, and not by the company that produces it, since its "brand" does not matter as much.