1. TEST DAY!!!! Due Today before the Test:
Economics Notes Sheet & Unit 1 Bell Ringers
Staple them together and turn them in on the podium.

2. International Organizations

3. United nations Abbreviation – U.N. Formed in 1945 after WWII
Created to prevent future world wars and provide a platform for dialogue between nations
There are currently 193 members
Headquartered in New York City

4. Organization of Petroleum Exporting Countries
Abbreviation – O.P.E.C.
Formed in September 1960
Created to regulate the supply of oil that was being exported to countries around the world. Originally formed to ensure a fair price on their product
Currently made up of 12 countries, 6 in the middle east, 4 in Africa, and 2 in South America
Headquartered in Vienna, Austria

5. World Trade organization
Abbreviation – W.T.O.
Formed in 1995
Created to liberalize trade, negotiate trade agreements, and settle trade disputes between its member nations
There are currently 160 members
Headquartered in Geneva, Switzerland.

6. North American Free Trade Agreement
Abbreviation – N.A.F.T.A.
Signed into U.S. law by Bill Clinton and took effect on January 1, 1994.
Trilateral trade bloc created by the governments of Canada, the United States and Mexico
Purpose – To remove trade barriers and encourage investment between the Unites States, Canada, and Mexico

7. Palestinian Liberation Organization
Abbreviation – P.L.O.
Formed in May 1964
Created by 422 Palestinians to oppose Israeli occupation of Palestine and create an independent nation for Palestinians
Led by Yasser Arafat, who in 1993, officially recognized the legitimacy of Israel
Arafat died in 2004 and was succeeded by Mahmoud Abbas as President of Palestine

8. hamas Arabic acronym that means “Islamic Resistance Movement.”
Formed in 1987 by Egypt’s Muslim Brotherhood
Responsible for Israel-targeted attacks and shootings.
Successful in the 2006 Palestinian parliamentary elections, taking 76 of the 132 seats in the chamber.
Considered a terrorist organization by Canada, the European Union, Israel, Japan, and the United States