International Trade in Cotton Textiles and the Developing Countries: Problems -mid Prospects. Report by the UNCTAD Secretariat. New York: United Nations. 1974.

Abstract

Foreign exchange is one of the major constraints to the growth of the -developing economies. However, demand for primary commodities—main exports of the developing economies—is inelastic. Moreover, the developed countries have put restrictions on imports, from developing countries, of manu¬factured products in which the latter have comparative advantage, e.g., cotton textiles. The Report under review studies the problems of exports from the developing countries in considerable details.