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Explain reasons why Kenya experiences unfavourable balanced of trade


Explain reasons why Kenya experiences unfavourable balanced of trade

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Davis
-Kenya exports agricultural products such as tea, coffee which fetch low prices
-She imports manufactured goods such as crude oil, pharmaceutical, heavy machinery which are very expensive
-Goods exported form kenya face stiff competiion in the world market leading to low earnings
Githiari answered the question on October 30, 2017 at 08:34

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