Which group is an example of a commodity organization? a. european union b. world trade organization c. north american free trade agreement d. organization of petroleum exporting countries

The group that is an example of a commodity organization is the Organization of Petroleum Exporting Countries. Option D is correct.

Organization of Petroleum Exporting Countries, also known as OPEC, is an intergovernmental organisation of 14 nations, founded in 1960 in Baghdad by the first five members (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela), and headquartered since 1965 in Vienna, Austria.

The stated mission of the organisation is to "coordinate and unify the petroleum policies of its member countries and ensure the stabilization of oil markets, in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry."

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