2025HSCShort answer

Q21 (a)

2 marks

Question

Outline ONE role of the Organisation for Economic Co-operation and Development (OECD) in the global economy. In your answer, refer to a specific example.

Try the question before revealing the answer.

Solution

Criteria	Marks
Outlines the role of the OECD in the global economy, using an example	2
Provides some relevant information	1

Sample answer:

One role of the OECD is to conduct and publish research on a range of economic policy issues. An example of this research is a report on tourism trends and policies to build sustainable tourism.

Answers could include:

Publishes regular reports on member country’s economic performance and prospects
Promotes policies for crisis affected countries, eg policy response to the COVID-19 pandemic to support the economic recovery
Advising governments on how to improve growth and standard of living
Advocating for ‘inclusive growth’
Determining global minimum tax rate.

Supplied marking guidance · human reviewed

Compare this with your working, not only your final sentence.

Syllabus alignment

The Global Economy

Globalisation and tradeInvestigate globalisation, trade, protection, international organisations and economic development.

Spot a problem? Send feedback