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The primary function of the Organization for Economic Cooperation and Development (OECD) is to:
  • a)
    Promote economic development in developing countries.
  • b)
    Facilitate dialogue and cooperation among developed countries.
  • c)
    Regulate global financial markets.
  • d)
    Promote renewable energy technologies worldwide.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
The primary function of the Organization for Economic Cooperation and ...
The Organization for Economic Cooperation and Development (OECD) primarily aims to promote dialogue and cooperation among developed countries. It serves as a platform for member countries to share experiences, discuss policy issues, and collaborate on economic and social challenges. The OECD's activities focus on enhancing economic growth, improving living standards, and addressing global issues collectively among its member countries. While the OECD may engage with developing countries, its primary focus is on developed economies.
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The primary function of the Organization for Economic Cooperation and Development (OECD) is to:a)Promote economic development in developing countries.b)Facilitate dialogue and cooperation among developed countries.c)Regulate global financial markets.d)Promote renewable energy technologies worldwide.Correct answer is option 'B'. Can you explain this answer?
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