17-4 vocabulary jw Word Scramble
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| Question | Answer |
| a specific region in which trade between nations takes place without protective tariffs. | free-trade zone |
| an agreement that abolishes trade barriers among its members and establishes uniform tariffs for non-members. | Customs union |
| __________ is an economic and political union of European nations established in 1993. | European Union |
| The currency of the EU. | Euro |
| The North American Free Trade Agreement, is designed to ensure trade without barriers between Canada, Mexico and the U.S. | NAFTA |
| Organization of Petroleum Exporting Countries | OPEC |
| A group of producers that regulates the production, pricing, and marketing of a product. | Cartel |
| A group of nations that adhere to the policies of the General Agreement on Tariffs and Trade. | World Trade Organization (WTO) |
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