A supranational entity is an organization formed by multiple countries agreeing to work together towards common goals, often giving up some sovereignty in the process.
Related terms
European Union (EU): The EU is a prime example of a supranational entity consisting of 27 member countries in Europe that work together on various issues such as trade and security.
United Nations (UN): The UN is another example of a supranational entity composed of 193 member states collaborating on global issues like peacekeeping and human rights.
NAFTA (North American Free Trade Agreement): NAFTA was a supranational agreement between Canada, Mexico, and the United States aimed at promoting trade between these nations by reducing barriers.