What is the difference between WTO and OECD 20

Updated on number 2024-05-27
3 answers
  1. Anonymous users2024-02-11

    The Organisation for Economic Co-operation and Development, or OECD (OECD), is an international economic organization composed of 30 countries with a market economy, aiming to jointly respond to the economy brought about by globalization. Founded in 1961, the OECD was formerly known as the European Economic Cooperation (OEC), and currently has a total of 30 member states, including Australia, Austria, Belgium, Canada, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, South Korea, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, Slovakia, Spain, Sweden, Switzerland, Turkey, the United Kingdom, the United States, and other 30 member countries. It also includes six semi-autonomous institutions, including the International Energy Agency, the Nuclear Energy Agency, the Conference of European Transport Ministers, the Development Center, Education, Research and Innovation, and Club du Sahel.

    It includes almost all developed countries, and accounts for two-thirds of the world's gross national product. The functions of the OECD are mainly to study and analyze the development trend of the world economy, coordinate the relationship between member countries, promote cooperation among member countries, and often provide assistance to member countries in formulating domestic policies and determining their positions in regional and international organizations.

    The World Organization (WTO) was founded on January 1, 1995 and is headquartered in Geneva. Its objectives are: to promote economic and development in order to improve living standards, ensure full employment, and guarantee the growth of real income and effective demand; rational use of the world's resources and expansion of the production of goods and services in accordance with the goals of sustainable development; Reach mutually beneficial agreements to drastically reduce and eliminate tariffs and other barriers and eliminate discriminatory treatment at the international level.

    As a formal international organization, the WTO is legally on an equal footing with international organizations such as the United Nations. In addition to the original GATT organization and implementation of multilateral agreements and the provision of multilateral negotiating facilities and as a forum, his terms of reference are responsible for the periodic review of the policies of its members and the harmonization of disputes arising among members, as well as for strengthening cooperation with the International Monetary Organization and the World Bank to achieve coherence in global economic decision-making. The scope of the WTO agreement includes a number of contents ranging from agriculture to textiles and clothing, from services to procurement, from rules of origin to intellectual property rights.

  2. Anonymous users2024-02-10

    are two different organizations.

  3. Anonymous users2024-02-09

    It is the world's leading organization.

    World ** Organization (WTO or WTO; English: World Trade Organization, abbreviated as WTO, French: Organisation Mondiale du Commerce, abbreviated as OMC, Spanish:

    Organización Mundial del Comércio (abbreviated as OMC) is an international organization responsible for overseeing the implementation of various agreements between member economies, formerly known as the Secretariat of the General Agreement on Tariffs and Customs, which began to be implemented in 1948. The WTO is headquartered in Geneva, Switzerland, and its current Director-General is Pascal Lamy. As of December 20, 2011, the world** organization had 157 members.

    The World Organization is the legal and organizational basis of the multilateral system, the manager of many agreements, the supervisor of the legislation of each member, and the venue for negotiations and the settlement of disputes. It is one of the most important international economic organizations in contemporary times, and its members account for the vast majority of the world's largest amount, and is known as the "Economic United Nations".

    Hee-hee, is that enough? Not enough yet.

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