Question

What is NIEO and why is situated???

Answer 1

What is NIEO and why is situated?

The New International Economic Order (NIEO) was a set of proposals put forward during the 1970's by some developing countries through the United Nations Conference on Trade and Development to promote their interests by improving their terms of trade, increasing development assistance, developed-country tariff.

Answer 2

The New International Economic Order(NIEO) was a set of proposals put forward during the 1970's by some developing countries through the United Nations Conference on Trade and Development to promote their interests by improving theirterms of trade, increasing development assistance, developed-country tariff reductions, and other means.