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. ...Read more....
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