What is the difference between the OPEC and APEC in terms of their functions? Write answers in short.
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APEC is Asia Pacific Economic Co-operation which aims at promoting the free trade among the APEC members.
In total there are 21 members with the mission to work towards economic growth.
OPEC has 12 members and it helps in coordination of the oil producing countries.
From framing the policies to its implementation everything is done by the members to ensure the right trading.
It focuses on the environmental issues as well.
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