| 1919 |
|
League of Nations formed |
| 1945 |
|
United Nations (UN) formed |
| 1946 |
|
League of Nations formally abandoned |
| 1948 |
|
Organization of American States (OAS) formed |
| 1949 |
|
North Atlantic Treaty Organization (NATO) formed |
| 1949 |
|
Council of Europe formed |
| 1955 |
|
Warsaw Pact signed by 7 East European countries and USSR |
| 1957 |
|
European Economic Comunity (EEC) established |
| 1960 |
|
Organization of Petroleum Exporting Countries (OPEC) established |
| 1967 |
|
General Agreement on Tarrifs and Trade (GATT) formulated |
| 1972 |
|
European Free Trade Agreement |
| 1973 |
|
Huge OPEC oil price increases slow world economy |
| 1981 |
|
AIDS becomes major health threat throughout world |
| 1989 |
|
European Monetary System (EMS) established - move towards single currency |
| 1993 |
|
European Union (EU) formed by former EEC members |
| 1994 |
|
North American Free Trade Agreement (NAFTA) established |
