Section 3
International Trade Agreements and Organizations
By Boundless
![Thumbnail](../../../../../../figures.boundless-cdn.com/4271/square/wto2005.jpg)
The General Agreement on Tariffs and Trade (GATT) is a multilateral agreement regulating international trade.
![Thumbnail](../../../../../../figures.boundless-cdn.com/2035/raw/european-union.jpg)
The European Union (EU) is an economic and political union made up of 27 member states that are located primarily in Europe.
![Thumbnail](../../../../../../figures.boundless-cdn.com/4272/raw/orthographic-projection-29.jpg)
NAFTA is an agreement signed by Canada, Mexico, and the United States, creating a trilateral trade bloc in North America.
![Thumbnail](../../../../../../figures.boundless-cdn.com/4273/raw/apec-members-180e.jpg)
APEC is a forum for 21 Pacific Rim countries that seeks to promote free trade and economic cooperation throughout the Asia-Pacific region.
![Thumbnail](../../../../../../figures.boundless-cdn.com/4274/square/world-bank-building.jpeg)
The World Bank is an international financial institution that provides loans to developing countries for various programs.
![Thumbnail](../../../../../../figures.boundless-cdn.com/2036/square/nal-monetary-fund-building.jpeg)
The IMF seeks to promote international economic cooperation, international trade, employment, and exchange rate stability.
![Thumbnail](../../../../../../figures.boundless-cdn.com/2037/square/pean-communities-1973-1992.jpg)
A common market is the first stage towards a single market and may be limited initially to a free trade area.
![Thumbnail](../../../../../../figures.boundless-cdn.com/4275/raw/us-exportimportbank-seal.jpg)
The Export-Import Bank of the United States (Ex-Im Bank) is the official export credit agency of the United States federal government.