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## Trade Organizations ### OPEC and APEC * **OPEC ** (Organization of Petroleum Exporting Countries) * **APEC** (Asian-Pacific Economic Co-operation) #### What is the difference? | Organization | Function | | --- | --- | | OPEC | Controls international trade of crude oil. Maintains consensus on...

## Trade Organizations ### OPEC and APEC * **OPEC ** (Organization of Petroleum Exporting Countries) * **APEC** (Asian-Pacific Economic Co-operation) #### What is the difference? | Organization | Function | | --- | --- | | OPEC | Controls international trade of crude oil. Maintains consensus on oil export and controls the rates of crude oil production between member states. | | APEC | Carries out free trade and maintain economic co-operation in Asia-Pacific Ocean. Promotes regional and technical co-operation among member states. | ### Important Trade Organizations in Asia * **SAARC ** (South Asian Association for Regional Cooperation) * **ASEAN ** (Association of South East Asian Nation) #### Functions of SAARC: * Find satisfactory solutions to problems faced by countries in South Asia. * Increase social welfare, raise the living standard and increase regional cooperation among member states. * Remove unrest in South Asia. #### Functions of ASEAN: * Expand social and cultural harmony along with economic growth in South East Asia. * Promote regional peace. * Promote tax waivers for trade growth in member states. ### Importance of Marketing from Farmers Point of View * **Appropriate presentation** increases the value of any commodity from the customer's point of view. * **Cleaned and packed agricultural products ** fetch a good demand and price. * **Proper marketing** can make the agricultural product available to a large number of customers. * **Advertisements ** can make the customers feel the need to buy the products.