UN General Assembly
1985

This applies to the Latin American countries which export agricultural products. Given the common interests of the highly industrialized and the developing countries in the face of world problems, greater understanding of this problem is needed to ensure normal, unimpeded trade based on a just distribution among nations and in the interest of the well-being of the peoples of the developing nations, which make up the immense majority of mankind. I need not stress the dramatic deterioration in the terms of trade between the countries that produce raw materials and the industrialized countries, while the latter increase the prices of their finished goods which are essential to the developing countries, the value of raw materials decreases, creating a balance-of-payments deficit, which is a sign of injustice and poor economic distribution.