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Outline four reasons that may make Kenya restrict trade with other countries.
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Jun 24, 2021
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Business Studies Form 1
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anonymous
Outline four reasons that may make Kenya restrict trade with other countries.
international trade
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Jun 24, 2021
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anonymous
To protect local infant industries from unhealthy competition
To safeguard against overdependence on foreign firms for essential commodities
To raise revenue through tariffs
To prevent dumping of substandard goods in the country.
To curb against borrowing of unacceptable foreign culture
To correct unfavourable balance of payments
To remind entry of harmful goods
To protect strategic industries
Recreate employment opportunities
To make use of natural resources
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