UN General Assembly
1972

19. It is also imperative to proceed to greater liberalization of the tariff barriers of all the industrialized countries so as to permit the growing participation of the goods of the developing countries in their markets. 20. The establishment of a new international monetary order, in which the developing countries will participate fully, is indispensable for economic development. Small countries should not have to suffer the consequences of economic imbalances for which they are not in the least responsible.