Practicing Success
Write the full form of NIEO: |
New International Environmental Organisation New International Educational Order New International Economic Order New International Educational Organisation |
New International Economic Order |
The correct answer is option (3) - New International Economic Order The idea of the New International Economic Order (NIEO) originated with the realization of the necessity to have sustained development. The United Nations Conference on Trade and Development (UNCTAD) brought out a report in 1972 entitled Towards a New Trade Policy for Development. The report proposed a reform of the global trading system to: |