Political Science · International Relations
Read the following statements carefully: I. The United Nations General Assembly adopted the 'Declaration for the Establishment of a New International Economic Order' (NIEO) and its accompanying program of action on 1st May, 1974. II. In the spirit of 'trade not aid', the NIEO called for structural changes in international trade, industrialization, agricultural production, finance, and transfer of technology. Which of the following options is correct?
- 1Both statements I and II are incorrect
- 2Both statements I and II are correct✓
- 3Only statement II is correct
- 4Only statement I is correct
Correct answer
Both statements I and II are correct
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