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What must a country commit to in order to become a part of the Organization of Economic Cooperation?

A) Economic stability and cooperation
B) Political alignment with member nations
C) Implementation of specific policies for economic growth
D) Commitment to international trade agreements

User Phrogz
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Final answer:

To join an economic cooperation organization, a country must usually commit to economic stability, cooperation, and potentially international trade agreements. Political autonomy may be reduced as the country aligns with the union's policies.

Step-by-step explanation:

To become a part of an organization such as the Organization for Economic Cooperation and Development (OECD), a country must primarily commit to policies that promote economic stability and cooperation. This answer aligns with option A). In the context of the European Union (EU), there are specific criteria that a country must meet, which include a stable democracy, respect for human rights, functioning market economy, and the ability to cope with competitive pressure and market forces within the EU. Additionally, the country must be willing to accept the obligations of EU membership, which may include commitment to international trade agreements and adherence to EU laws.

Joining an economic union often requires certain sacrifices in terms of political power or political autonomy. For example, countries might have to align their monetary and fiscal policies with the union or adopt a common external trade policy. These align with the broader aspects required of a member nation, tying their economic and, to some extent, political policies to the collective agreements and regulations of the union.

User Piotr L
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