Why Was the New International Economic Order Proposed

Why was the New International Economic Order proposed?

A) European countries wanted to reduce the power of the United States.
B) Less developed countries wanted to make conditions more favorable for poor countries.
C) The United States wanted to reduce the amount of foreign aid it gave to poor countries.
D) Middle Eastern countries wanted to earn more profit from their oil exports.
E) Colonies hoped international reforms would help them become independent from European colonizers.