ABSTRACT
The purpose of the first part of this book has been to describe how regulated or controlled the world trading system is, as seen from developing countries. The types of intervention examined here cover a substantial amount of their trade: there are a significant number of types of trade and sectors where the nature of the market facing developing countries is measurably different from that faced by most industrial countries. By the early 198Os, there were major differences from the 1970s and earlier periods in which now-advanced countries developed, and the countries examined here faced a more complex and more controlled system. The nature of the output and trade of these countries is now bringing some of these interventions into greater prominence. The total picture includes both government interventions and the role of multinational companies or agreements among firms. The question that arises is how these differ from the point of view of an individual developing country and its exporters.
