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Give two reasons why Kenya experiences unfavourable balance of trade.

Give two reasons why Kenya experiences unfavourable balance of trade.

Answers


gideon
- Kenya exports mainly agricultural products which are of low value and import manufactured
goods which are of high value.
- The agricultural product exported from Kenya face stiff competition in the world market leading
to reduced sales and less earnings.
- The imposed quota system sometimes leads to reduced sales and less earnings.
- Some of the goods exported are of low quality, hence they generate little earnings.
gideon1 answered the question on October 4, 2017 at 07:07

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