Chapter 23 The Transformation of the World Economy 1919-1946: League of Nations 1945: United Nations, World Bank, and International Monetary Fund Established 1960: Organization of Petroleum Exporting Countries founded 1967: Six day Arab-Israeli war 1973-1974: Arab members of the OPEC place embargo on oil exports to the weat 1979: Convention to eliminate all forms of discrimination against women 1982: Sea laws introduced about uses of world oceans 1994: N. America Free Trade Network enabled 1995: World Trade Organization Created 1997: Kyoto protocol on globla warming introduced 2001: September 11 attacks on World Trade center and the Pentagon 2008: Gloal economic crisis began 2011: Osama Bin Laden killed Reglobalization: United States made the most in Foreign Investments during the late twentieth century. -After the war countries wanted to provide dramatic quickening of global economic transactions to have a "reglobalization" -After the world trade center w...
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