Question

What were the demands of G77?

• A. Better development assistance
• B. Control over their own natural resources
• C. Fair price of raw materials
• D. No assistance during the development phase

Answer 1

Answer: (A), (B), (C)

Fair price of raw materials

G77 demanded a New International Economic Order, shortened to NIEO. The NIEO sought to establish a system that gave developing nations real control over their natural resources, more development assistance, fairer prices for raw materials and better opportunities to sell their manufactured goods in the markets of developed nations.