The advent of multinational corporations and free trade zones has produced complex interrelationships between trade, aid and development. More than ever before trade has become a vital factor in the economic, political and social development of Third World nations. This work introduces trade as both concept and activity, placing aid within the context of trade in practice. The trend towards the globalization of trade, especially in the light of GATT and its emphasis on greater integration of economies throughout the world, means developing countries increasingly want both trade and aid, as...