Ways in which kenya has benefited from regional trade

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Ways in which Kenya have benefited from regional trade




The following are ways in which Kenya has benefited from regional trade

  • it earns foreign exchange from exports
  • it reduces tariffs making goods cheaper
  • it promotes industrial growth and development
  • it open up large market for goods
  • increases employment opportunities
  • it is a source of government revenue in the form of duties and tariffs
  • it readily avails goods and services needed by the people
  • it promotes exchange of research findings and ideas
  • it improves transport and communication
  • it enhance international cooperation and mutual political understanding

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