Question
Explain four measures that may be taken by the government to promote her export.
Answer
i) Providing export subsidy thus making it cheaper for exporter
ii) Looking for more markets abroad through KETA enabling more to be exported
iii) Organizing fairs and exhibitions in foreign countries to create awareness.
iv) Encouraging production of high quality goods to increase their competitiveness.
v) Easy export licensing for exporters to facilitate export licensing
vi) By using commercial attaches to promote country's goods in foreign countries to create awareness.
vii) Diversifying her export commodities for market security / cushion slump in demand
viii) Lowering duties on imported raw materials meant for export to encourage re-exportation
ix) By establishing export processing zones, EPZs which enhance more exports
x) By entering into bilateral trade agreement with other trading partners to improve their terms of trade.
ii) Looking for more markets abroad through KETA enabling more to be exported
iii) Organizing fairs and exhibitions in foreign countries to create awareness.
iv) Encouraging production of high quality goods to increase their competitiveness.
v) Easy export licensing for exporters to facilitate export licensing
vi) By using commercial attaches to promote country's goods in foreign countries to create awareness.
vii) Diversifying her export commodities for market security / cushion slump in demand
viii) Lowering duties on imported raw materials meant for export to encourage re-exportation
ix) By establishing export processing zones, EPZs which enhance more exports
x) By entering into bilateral trade agreement with other trading partners to improve their terms of trade.
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