Developing countries face uphill battle in international trade obstacles.
International trade is important for economic growth, but developing countries face obstacles. They have a small share in global trade, face protectionist measures, and struggle with inflation. Improving trade among developing countries is difficult. The traditional division of labor leaves developing countries producing raw materials while developed nations industrialize them. Obstacles include barriers to commodity trade, trade in manufactured goods, trade among developing countries, and trade between socialist countries and the third world.