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10. Why did the G-77 demand a new international economic order? What was NIEO?

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Final answer:

G-77 demanded a new economic order to address income inequality. NIEO aimed to provide special treatment for developing nations.


Explanation:

G-77 demanded a new international economic order because they sought to reduce the income gap between developed and developing nations. The New International Economic Order (NIEO) called for special treatment of developing nations in trade policies and control over multinational corporations, reflecting dependency theory in international relations.


Learn more about International Economic Order here:

https://brainly.com/question/33830724


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