UN General Assembly
1971

101. The famous policy, the International Development Strategy, suffered a set-back in the last few days, and it is precisely the developing countries that have been squeezed between the rivalries and antagonisms of the great developed countries. 102. We understand the problems of balance of payments, for they are not the monopoly of a few countries; however, the defensive measures of the United States have been extended to the exports from the developing countries and include their first few manufactured goods. Yet the problem of the balance of payments of the United States is not primarily caused by the importing of such merchandise from those countries.