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Which organization focuses on reducing the trade gap between developed and developing countries?
  • a)
    United Nations Conference on Trade and Development
  • b)
    World Bank
  • c)
    World Trade Organisation
  • d)
    International Monetary Fund
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Which organization focuses on reducing the trade gap between developed...
The United Nations Conference on Trade and Development (UNCTAD) focuses on reducing the trade gap between developed and developing countries. UNCTAD aims to promote international trade between these countries and accelerate economic development in the developing world. Its objectives include formulating principles and policies on international trade, negotiating trade agreements, and coordinating activities with other UN institutions. UNCTAD plays a significant role in addressing trade-related issues and supporting the economic growth of developing countries.
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Which organization focuses on reducing the trade gap between developed and developing countries?a)United Nations Conference on Trade and Developmentb)World Bankc)World Trade Organisationd)International Monetary FundCorrect answer is option 'A'. Can you explain this answer?
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