Using Examples, Examine How Nations Are Classified Into Different Types of Global Groupings (15 Marks)

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Global groupings are nations with similar aims of economic and social development. Global Groupings can be separated into political and economic grouping. Nations can be categorised according to their development and wealth and power that it brings. Some countries are grouped into OPEC this is the Organisation of the Petroleum Exporting Countries. The countries include Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. This organisation is very powerful as it controls the amounts of crude oil extracted by countries. It's main aim is to ensure the stabilisation of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers. The grouping currently the organisation has 12 member countries. Any country with a substantial net export of crude petroleum may become a Full Member of the Organization, however the country must be accepted by three quarters of the current member countries. Another way to group countries is by their economies. The G8 is a group of 8 countries topping the global charts for the largest economies. Since 2014, the G8 effectively comprises seven nations and the European Union as the eighth member, the nations include the USA, UK, Germany and Japan. These countries are the most developed countries in the world they tend export valuable manufactured goods such as electronics and cars and import cheaper primary products such as tea, coffee and food produce. The G8 grouping can control politics on a global scale There are many combinations of grouping countries such as EU, G8. These organisations give power across the world due to their large economies, they are allowed to control politics with a large area such across pass laws for the whole of Europe or declarations for other countries to agree to. OPEC has power through the control of crude oil. The world needs a constant flow of crude oil to sustain
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