Get premium membership and access questions with answers, video lessons as well as revision papers.
i. Tariffs - These are taxes levied mostly on imported goods which make them to be expensive
hence hindering their purchase.
ii Total bans – This a complete prevention of certain commodities entering into the country hence
restricted.
iii. Quotas - This is the restriction on the volume of commodities to be imported into a country
over certain period.
iv. Embargoes – An embargo is an official order stopping trade within a country.
vi. Custom draw back - Complicated import procedures on certain products may discourage
individual / business from trading.
vi. Administrative control - A government can use various rules / control as a way of protecting
imports viii. Foreign exchange control – The government may restrict foreign exchange required is pay for imports.
gideon1 answered the question on November 2, 2017 at 06:21
- Explain FIVE ways that the government can use to raise funds to finance its programme.(Solved)
Explain FIVE ways that the government can use to raise funds to finance its programme.
Date posted: November 2, 2017. Answers (1)
- Discuss five effects of eliminating a wholesaler from the chain of Distribution.(Solved)
Discuss five effects of eliminating a wholesaler from the chain of Distribution.
Date posted: November 2, 2017. Answers (1)
- Explain five benefits that a trader would get by advertising his products through radio.(Solved)
Explain five benefits that a trader would get by advertising his products through radio.
Date posted: November 2, 2017. Answers (1)
- Explain six emerging trends related to product promotion.(Solved)
State four emerging issues in product promotion
Date posted: November 2, 2017. Answers (1)
- Explain five sources of finance available to Kenya government.(Solved)
Explain five sources of finance available to Kenya government.
Date posted: November 2, 2017. Answers (1)
- Explain four statutory measures the government would take to control the impact of inflation.
(b). Using a well labeled diagram, explain the effects of fixing price...(Solved)
Explain four statutory measures the government would take to control the impact of inflation.
(b). Using a well labeled diagram, explain the effects of fixing price above and below the
equilibrium price.
Date posted: November 2, 2017. Answers (1)
- Explain four services offered by wholesalers to producers.(Solved)
Explain four services offered by wholesalers to producers.
Date posted: November 2, 2017. Answers (1)
- Explain five benefits that may accrue to a consumer who buys goods from a hypermarket(Solved)
Explain five benefits that may accrue to a consumer who buys goods from a hypermarket
Date posted: November 2, 2017. Answers (1)
- Explain five ways in which raw material may influence location of a business enterprise.(Solved)
Explain five ways in which raw material may influence location of a business enterprise.
Date posted: November 2, 2017. Answers (1)
- Explain five functions of micro finance institutions in promoting economic activities in a country(Solved)
Explain five functions of micro finance institutions in promoting economic activities in a country
Date posted: November 2, 2017. Answers (1)
- Discuss five measures that may be taken to solve unemployment in a country.(Solved)
Discuss five measures that may be taken to solve unemployment in a country.
Date posted: November 2, 2017. Answers (1)
- Explain five disadvantages of specialization and division of labour to an organization.(Solved)
Explain five disadvantages of specialization and division of labour to an organization.
Date posted: November 2, 2017. Answers (1)
- Discuss six ways in which a well developed transport system may be important to Kenya.(Solved)
Discuss six ways in which a well developed transport system may be important to Kenya.
Date posted: November 2, 2017. Answers (1)
- The East African countries are working towards integration of their economies. Explain four
stages they would go through to attain full integration.(Solved)
The East African countries are working towards integration of their economies. Explain four
stages they would go through to attain full integration.
Date posted: November 2, 2017. Answers (1)
- Describe six types of partners that can be found in a partnership form of business.(Solved)
Describe six types of partners that can be found in a partnership form of business.
Date posted: November 2, 2017. Answers (1)
- Explain five functions performed by intermediaries in the chain of distribution.(Solved)
Explain five functions performed by intermediaries in the chain of distribution.
Date posted: November 2, 2017. Answers (1)
- Outline four characteristics of an optimum population.(Solved)
Outline four characteristics of an optimum population.
Date posted: November 2, 2017. Answers (1)
- Give the meaning of the following terms as used in insurance (a) Surrender value (b) Proposer (c) Re–insurance (d) Binder(Solved)
Give the meaning of the following terms as used in insurance.
a) Surrender value
b) Proposer
c) Re –insurance
d) Binder
Date posted: November 2, 2017. Answers (1)
- Outline four ways by which business resources may cause business success.(Solved)
Outline four ways by which business resources may cause business success.
Date posted: November 2, 2017. Answers (1)
- State four ways of protecting an organization’s properties.(Solved)
State four ways of protecting an organization’s properties.
Date posted: November 2, 2017. Answers (1)