Among the following, what is not a characteristic of New Economic World Order ?
The New International Economic Order (NIEO) advocated increased financial/technical assistance, preferential trade/tariff terms, and democratic participation in global…
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Among the following, what is not a characteristic of New Economic World Order ?
Answer and explanation
Correct answer D
The New International Economic Order (NIEO) advocated increased financial/technical assistance, preferential trade/tariff terms, and democratic participation in global economic decision-making, while explicitly rejecting any requirement that developing nations must imitate the Western model of development.
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Rajasthan SET (RSET)