Get premium membership and access questions with answers, video lessons as well as revision papers.

Explain four problems facing trade in Kenya.

      

Explain four problems facing trade in Kenya.

  

Answers


gideon
- Cheap imported goods create unfair competition for some local products.
- Exports are mainly raw materials / agricultural goods which are lowly priced hence low earnings
for the country.
- Trade restrictions on Kenyan goods affect the production of such goods / causing losses to
exporters.
- Fluctuations of prices in the world market varies revenue from exports making it difficult to plan
- Poor / inadequate transport and communication facilities in some areas cause delays of delivery
to markets / delivery of raw
materials to industries / cause spoilage of goods increasing the cost of goods.
- Slow clearance of goods at the port of Mombasa delays delivery of goods / increases the cost of
goods.
- Corruption / smuggling of goods results in loss of government revenue.
- Inadequate capital for some traders make them unable to expand their trading activities.
- Insecurity in the country discourages investors / makes traders to incur heavy losses.
- High fees paid in form of trading licences discourage traders.
gideon1 answered the question on October 4, 2017 at 12:04


Next: State five ways in which trade is of significance to Kenya.
Previous: Name two ores from which copper is extracted

View More Geography Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions