What economic group was Russia removed from in 2014?

What economic group was Russia removed from in 2014?

• A. The OECD
• B. The G20
• C. The G7
• D. The G8

Answer: (D)

In 2014, a political action led to the removal of a member from a club of major economies. When Russia annexed Crimea, the other leading economies suspended Russia’s participation, effectively removing it from the eight-member group. With Russia out, the forum reverted to seven members, and that is why the group is now known as the G7. The other groups are distinct entities that Russia either remains part of (like the G20) or are unrelated to this specific event (like OECD). So, the correct choice reflects the eight-member group from which Russia was expelled, which is why this is the G8.

In 2014, a political action led to the removal of a member from a club of major economies. When Russia annexed Crimea, the other leading economies suspended Russia’s participation, effectively removing it from the eight-member group. With Russia out, the forum reverted to seven members, and that is why the group is now known as the G7. The other groups are distinct entities that Russia either remains part of (like the G20) or are unrelated to this specific event (like OECD). So, the correct choice reflects the eight-member group from which Russia was expelled, which is why this is the G8.