Marketing and distribution systems

Economic growth of LDCs depends decisively on the volume of foreign currency avaliable to them. Apart from financial aid, such currencies can only be earned by exports. However, almost 90 p.c. of all export revenue of LDCs flows from shipments of raw and base materials, and thus, increasing these earnings will always be the main point of departure for any trade policy which does not aim at changing the structure of a given country’s exports.