All of the following are true of the United Nations Conference on Trade and Development (UNCTAD) , except…
A) It was created in 1964 by UN General Assembly Resolution XIX to promote international trade.
B) It was seen by developing countries as a challenge to the dominance of the General Agreement on Tariffs and Trade (GATT) .
C) It was successful in obtaining consensus and achieving the New International Economic Order (NIEO) .
D) Its creation resulted from a push by elites from the Global South for a more equitable world.
Correct Answer:
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