Question

OECD works exclusively in the area of health and social welfare.

True False

Answer 1

1. OECD works exclusively in the area of health and social welfare. FALSE.

Reason:OECD's main focus is to promote world trade and improve global economy. OECD’s main focus is to help governments around the world achieve the following objectives:

• Improve confidence in markets and the institutions that help them function.
• Obtain healthy public finances to achieve future sustainable economic growth.
• Achieve growth through innovation, environmentally friendly strategies, and the sustainability of developing economies.
• Provide resources for people to develop the skills they need to be productive.

OECD works exclusively in the area of socio-economic welfare of developed nations.