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Which 'Group of 77' demand was central in the NIEO platform?
AMore military aid from the US
BMandatory free trade with all OECD nations (typical)
CAn end to all global trade
DReal sovereignty over natural resources + fair commodity prices
Answer & Solution
Correct answer: D. Real sovereignty over natural resources + fair commodity prices
1. NCERT cites NIEO's substantive demands.
2. Real sovereignty over natural resources, more development assistance, fair commodity prices, and better market access for manufactures from poor countries.
3. The G-77 was the bargaining response to the IMF-World Bank-Bretton Woods order dominated by Western interests.
_Source: NCERT Class 10 History India and the Contemporary World - II, Ch 3 "The Making of a Global World", §NIEO ¶2_
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