regional trade in europe

Advantages of trade in East africa

Advantages of trade in East Africa

The following are Advantages of trade in East Africa Trade has stimulated the growth of industries which lead to economic diversification. It leads to development of transport facilities, financial institutions like banks and insurance companies which lead to urbanization. Agriculture has been largely modernized which has ensured increased supply of food. Trade has led to …

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10 Benefits of the trading block to the African economy

10 Benefits of the trading block to the African economy

Trading Blocs in Africa.   The common market for Eastern and Southern Africa (COMESA) The East African co-operation (EAC). Southern African Development community.  (SADC) Economic Community of West Africa.   (ECOWAS)   The following are Benefits of trading blocks: They create a large market for goods to be bought and sold. They help to create harmony and co-operation …

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Ways in which Kenya have benefited from regional trade

Ways in which kenya has 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 …

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