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Explain the significance of trade to Kenya

Explain the significance of trade to Kenya

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gideon
- It has stimulated industrial development as it provides both internal and external markets for
products
- It enables Kenya to earn foreign exchange through exportation of products
- The country earns revenue from duties and taxes levied on goods and services
- Development of roads because trade requires efficient means of transport and communication.
- Creation of job opportunities such as clearing and forwarding agents and officials
- It has led to development of Urban centers
- To facilitate specialization hence more earnings in foreign exchange
- Enhances peace and stability
gideon1 answered the question on October 4, 2017 at 11:43

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