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Development aid of the industrialized nations has taken as its focal point the promotion of nontraditional exports by LDCs. An important part of this endeavour is the spreading of enlightenment among LDCs about the possibility of finding marketing outlets for their direct and indirect exports.
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Comparative advantage, government incentives and entrepreneurial dynamics as determinants of a country’s export performance are discussed in this article. The author’s particular attention is focussed on the present situation and future perspectives of the less developed countries.
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