Question

What happens to the trade from either developed or underdeveloped nations when monopoly export and import agencies are sent up? Why?

Answer 1

Due to their control of the World Trade Organization and other institutions, bias in trade rules in favor of developing countries.
Agricultural subsidies to developing countries. A clear and important example of the trade rules bias. Developed countries have adopted international trade rules to prohibit developing-country subsidies to their industries, while developed-country subsidies are allowed for their agricultural / farmers sectors. The exposure to life-saving medications is low cost. Developed countries, heavily influenced by drug manufacturers, were reluctant to allow developing countries to manufacture or import generic low-cost drugs for major diseases, such as AIDS.

That occurs when there is trade with one business is what we term negative economic structures.
The high value of remittances as a foreign-exchange outlet for developing countries. Exports were also the typical foreign-exchange source for developing and developed countries. Developing countries were unable to produce enough exports or jobs for all of their population and many people moved to developed countries permanently or temporarily. The money they send back to family / country is called remittances.

Such remittances have significantly increased and are a significant source of foreign exchange for developing countries , allowing them to import goods.
Great growth of trade in Europe which started in the late Middle Ages. It has received stimulation from exploration trips to Africa , Asia and the New World undertaken by England , Spain and other nations. Among the features associated with it were an increase in foreign trade, the advent of the chartered company, the adoption of mercantilism concepts, the development of a money economy, increased economic specialization, and the establishment of new institutions such as the state bank, the stock exchange, and the futures market.