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Anchoring Kenya as an Export Driven Economy
Growth in export trade is important due to its effect on internal trade and economic stability. Even more, the rate of economic growth and distribution of income and wealth in a country are closely related to export growth. On the other hand, instability in export trade can adversely affect the process of economic development. Lower exports translate to decreased foreign exchange, resulting in a small purchasing capacity of a nation in the international market, creating uncertainties in the economy.
Export trade provides an avenue through which countries establish bilateral relations. Goods and services originating from either of the countries are afforded entry and access in the established markets for the benefit of consumers. Export Trade also accords countries the opportunity to brand themselves and progress their identities through products that bear unique tastes and characteristics peculiar to the country of origin....Download here....
 
 
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