Question 48
International Economic OrganisationsWhich of the following institutions is concerned with expanding developing countries' commodity trade?
- A.World Trade Organization (WTO)
- B.United Nations Conference on Trade and Development (UNCTAD)
- C.Economic Commission for Africa (ECA)
- D.African Development Bank (AfDB)
Show the answer and explanation
Answer: B (United Nations Conference on Trade and Development (UNCTAD))
Explanation
UNCTAD works to improve trade opportunities for developing countries.