UN General Assembly
1978

128. I turn now to the question of trade. The spirit which must guide our work in the Committee Established under General Assembly Resolution 32/174 applies as well to our policies on trade. The developing world is no longer on the periphery of world trade. Increasingly, growth in the developing countries is important to the health of the industrial countries. 129. Commitment to open trade, however, is extremely fragile. It is tempting for one nation to use trade restrictions to export its economic difficulties. It is often easy to avoid adjustments which are beneficial in the long run, but which in the short run present difficult problems for workers and for industry.