Answer :

The USA followed the ideologies of capitalism and liberal democracy and USSR supported the ideology of socialism and communism.


OR


The reforms of the global trading system proposed by UNCTAD are:


1. Obtain access to the western market.


2. Reduce the cost of technology from western countries.


3. Give the LDCs control over their natural resources.


4. Giving more role to LDCs in the international economic institutions.


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