ABSTRACT
The two superpowers, the United States and the Soviet Union, have become more relentless in exploiting and plundering the Third World. They have intensified their rivalry for sources of raw materials, overseas markets, and spheres of influence and their moves to shift the burden of their crisis onto others at a time when the capitalist world is in the throes of its most severe post-war economic crisis. One of the usual practices of imperialism, especially the superpowers, in trade is to mercilessly exploit the Third World countries by exchange of unequal values through buying cheap and selling dear. Dumping commodities by boosting exports and restricting imports is another way the superpowers exploit the Third World countries. The Third World oil-producing countries have persevered in united struggle since the Sixth Special Session of the UN General Assembly last year. They have made common cause with other raw material-producing countries. This has resulted in new victories in the struggle against hegemonism.
