Which of the following is true of the Organization for Economic Cooperation and Development (OECD) Guidelines for Multinational Enterprises?
A)They act in opposition to the UN Global Compact.
B)They apply solely to local and regional trade blocs.
C)They carry no criminal or civil enforcement.
D)They are legally binding for American companies.

Question

Quizplus · Accepted Answer

The OECD Guidelines for Multinational Enterprises are voluntary, meaning they carry no criminal or civil enforcement. While American companies are expected to adhere to the guidelines, they are not legally binding. The OECD Guidelines do not act in opposition to the UN Global Compact, and they apply to multinational enterprises rather than solely to local and regional trade blocs.

Which of the Following Is True of the Organization for Economic