One of the function of united nation conference on trade and development (UNTAD) is to

JAMB Economics 2024 188 views
Source: JAMB · 2024

One of the function of united nation conference on trade and development (UNTAD) is to

  1. increase impact of developed countries over less developed countries
  2. increase share of less developed countries in world trade
  3. make goods available in developed countries
  4. transfer technology from developed to less developed countries ✓
Explanation

UNCTAD helps developing countries grow by promoting technology transfer. Developed nations share knowledge and skills with poorer ones.

The goal is to reduce the gap between rich and poor nations. Technology helps developing countries become more productive.

UNCTAD promotes fair trade and helps less developed countries participate in the global economy.

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