Question

what is new international economic order? (class 12)​

Answer 1

The new international economic order:

• It was a series of initiatives introduced by some developing countries during the 1970s through the United Nations Conference on Commerce and Development to advance their rights through strengthening their terms of trade, growing development aid, tariff cuts in developed countries, and other ways.
• It was supposed to be a reform of the international economic structure in favor of countries of the Third World, removing the Bretton Woods framework that had favored the leading states that had established this particularly the United States. The Non-Aligned Alliance demanded this command.

Learn more about new international economic order

What is NIEO?Explain any 5 points.

https://brainly.in/question/3010207

Explain the role of New International Economic Order

https://brainly.in/question/10195412

Answer 2

Answer:

heya mate! here is your answer!

Explanation:

It was a series of initiatives introduced by some developing countries during the 1970s through the United Nations Conference on Commerce and Development to advance their rights through strengthening their terms of trade, growing development aid, tariff cuts in developed countries, and other ways.

Hope it helps!