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Outline four benefits that Kenyan government may get as a member of common market for Eastern and Southern Africa (COMESA)

Outline four benefits that Kenyan government may get as a member of common market for Eastern and Southern Africa (COMESA).

Answers

Martin
a). Free flow of goods/ services/factors of production
b). Expanded market for goods and services.
c).Reduced average cost/economies of scale due to increased scale of production
d). Production of competitive/quality goods and services.
e). Possibility of political cooperation/peace/understanding
f). Increased range /variety of goods and services
g). Improved infrastructure
h). Creation of employment opportunity/living better life.
i). Attract investments due to greater demand
j). fair prices of goods/services due to reduction/abolition of tax
k). Encourages specialization
l). Increased economic bargaining power
m). Bridging the production gap/can get what they don’t produce
n). Share research information which reduces the cost of doing business
o). Technology/skills transfer which enhances production.
marto answered the question on October 11, 2019 at 07:57

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