________ is the proposal of developing countries that would establish a Common Fund to underwrite the costs of maintaining a buffer stock of primary commodities as a way to stabilize supplies.

Question

Quizplus · Accepted Answer

The proposal described in the question is the Integrated Program for Commodities, which was put forth by developing countries during the United Nations Conference on Trade and Development (UNCTAD) in the 1980s. The program called for a Common Fund that would provide financial support for developing countries to maintain buffer stocks of primary commodities and stabilize their prices. The Customs Valuation Code, General Agreement on Tariffs and Trade, and Agreement on Trade-Related Investment Measures are all separate agreements related to international trade, but they are not directly related to the proposal described in the question.

________ Is the Proposal of Developing Countries That Would Establish