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Question : Which of the following is not a type of international economic organization?

Option 1: World Trade Organization (WTO)

Option 2: International Monetary Fund (IMF)

Option 3: World Bank

Option 4: Organization of Petroleum Exporting Countries (OPEC)


Team Careers360 7th Jan, 2024
Answer (1)
Team Careers360 10th Jan, 2024

Correct Answer: Organization of Petroleum Exporting Countries (OPEC)


Solution : The correct answer is (d) Organization of Petroleum Exporting Countries (OPEC).

The Organization of Petroleum Exporting Countries (OPEC) is an intergovernmental organization that consists of oil-producing countries and primarily focuses on coordinating and regulating oil production and prices. While OPEC plays a significant role in the global economy, it is not considered an international economic organization in the same sense as the World Trade Organization (WTO), International Monetary Fund (IMF), and World Bank.

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