As a result of pressure from the United Nations Conference on Trade and Development (UNCTAD), the General Agreement on Tariffs and Trade (GATT) allowed the grant of special preferences to developing countries as an exception to the GATT's basic rule of trade without discrimination.

Question

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This statement is true. UNCTAD worked to promote the interests of developing countries in international trade negotiations, including advocating for the grant of special preferences to these countries. GATT eventually allowed for such preferences as an exception to its non-discrimination principle.

As a Result of Pressure from the United Nations Conference