Why was a New International Economic Order demanded by Group 77 countries?

Solution

The Group 77 countries demanded a New International Economic Order to:

(i)get real control on their own natural resources

(ii)get more development assistance from advanced or western countries.

(iii)obtain fairer price for raw material and better access for their manufactured goods in developed countries’ markets.

Some More Questions From The Making of a Global World Chapter

What is meant by the Bretton Woods Agreement?

Imagine that you are an indentured Indian labourer in the Caribbean. Drawing from the details in this chapter, write a letter to your family describing your life and feelings.

Explain the three types of movements or flows within international economic exchange. Find one example of each type of flow which involved India and Indians, and write a short account of it.

Explain the causes of Great Depression.

Explain what is referred to as the G-77 countries. In what ways can G-77 be seen as a reaction to the activities of the Bretton Woods twins?

Find out more about gold and diamond mining in South Africa in the nineteenth century. Who controlled the gold and diamond companies? Who were the miners and what were their lives like?

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The Making Of A Global World

Why was a New International Economic Order demanded by Group 77 countries?

Some More Questions From The Making of a Global World Chapter

What is meant by the Bretton Woods Agreement?

Imagine that you are an indentured Indian labourer in the Caribbean. Drawing from the details in this chapter, write a letter to your family describing your life and feelings.

Explain the three types of movements or flows within international economic exchange. Find one example of each type of flow which involved India and Indians, and write a short account of it.

Explain the causes of Great Depression.

Explain what is referred to as the G-77 countries. In what ways can G-77 be seen as a reaction to the activities of the Bretton Woods twins?

Find out more about gold and diamond mining in South Africa in the nineteenth century. Who controlled the gold and diamond companies? Who were the miners and what were their lives like?

What is trade?

International trade means:

The essential component of trades are _ and _.

Which one of the following countries had not tried to expand food production to meet the Britain’s demand?

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation

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For Daily Free Study Material Join wiredfaculty

The Making Of A Global World

Why was a New International Economic Order demanded by Group 77 countries?

Some More Questions From The Making of a Global World Chapter

What is meant by the Bretton Woods Agreement?

Imagine that you are an indentured Indian labourer in the Caribbean. Drawing from the details in this chapter, write a letter to your family describing your life and feelings.

Explain the three types of movements or flows within international economic exchange. Find one example of each type of flow which involved India and Indians, and write a short account of it.

Explain the causes of Great Depression.

Explain what is referred to as the G-77 countries. In what ways can G-77 be seen as a reaction to the activities of the Bretton Woods twins?

Find out more about gold and diamond mining in South Africa in the nineteenth century. Who controlled the gold and diamond companies? Who were the miners and what were their lives like?

What is trade?

International trade means:

The essential component of trades are ___________ and ___________.

Which one of the following countries had not tried to expand food production to meet the Britain’s demand?

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation

The essential component of trades are _ and _.