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G-7 Group of Seven

Group comprising the major industrialized nations in economic terms, which in view if the global importance of the member states have made in their objective to coordinate their respective domestic economic policies. Member states are the USA, Japan, Germany, France,…

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G-77 Group of Seventy Seven

A grouping of developing countries founded in 1964. This numerical designation persists, although membership has increased to more than 130 countries. The G-77 functions as a caucus for the developing countries on economic matters in many forums including the United…

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