Organization for Economic Coordination and Development
Operational Evaluation Command and Development
Organization for Economic Cooperation and Development
None of these given options
The Organisation for Economic Co-operation and Development is an intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and world trade. Headquarters: Paris, France. Founded: September 30, 1961
- The Organization for European Economic Cooperation, or OEEC, was the original name of the OECD. It was founded in 1948, following World War II, to oversee the Marshall Plan for Europe’s reconstruction. Its mission was to assist European policymakers in understanding their economic interdependence thus, making it one of the foundations of the European Union.
- Canada and the United States joined the OEEC states, which formed the OECD on Dec. 14, 1960, when the Marshall Plan was completed. It was established on September 30, 1961, when it became fully operational.
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