Explain import measures that Kenya may undertake to correct balance of payment disequilibrium

      

Explain import measures that Kenya may undertake to correct balance of payment disequilibrium.

  

Answers


John
1. Imposing or increasing import duty

2. Imposing quotas on imports

3. Foreign exchange control

4. Export compensation scheme

5. Diversity foreign markets

6. Offering customs drawbacks

7. Lobbying for removal of trade restrictions

8. Encouraging foreign investment into the country

9. Devaluation of currency

10. Restricting outflow of capital


johnmulu answered the question on January 21, 2017 at 09:02


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