What is the purpose of 'United Nations Conference on Trade and Development' (UNCTAD)?
A. Promotes International Trade with a view to accelerate economic growth of developing countries
B. Promotes International Monetary co-operation & expansion of International Trade
C. Set rules for World Trade
D. None of the above
Answer: Option A
Solution (By Examveda Team)
The purpose of 'United Nations Conference on Trade and Development' (UNCTAD) is to promote International Trade with a view to accelerate economic growth of developing countries. The organization's goals are to: "maximize the trade, investment and development opportunities of developing countries and assist them in their efforts to integrate into the world economy on an equitable basis".This Question Belongs to General Knowledge >> Basic General Knowledge
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