Posted by Anonymous on Wednesday, November 7, 2012 at 6:44pm.
Kenya mainly exports raw materials and agricultural products, but imports the much more expensive manufactured items.
http://www.tradingeconomics.com/kenya/balance-of-trade
http://www.bloomberg.com/news/2012-09-24/kenya-s-trade-gap-widens-as-exports-decline-import-bill-rises.html
http://en.wikipedia.org/wiki/Economy_of_Kenya
So how would i explain this deficit? Just say what the imports are?
Related Questions
Economics - There is a trade-off between the objective of reducing a trade ...
Literacy - In global trade, when the difference between money coming into a ...
Business management class - In global trade, when the difference between money ...
economics - If a nations exports=60 and imports=50 why is 10=surplus and not a ...
again economics - okay got one more and in this one I need help, cuz I simply ...
Economics - I'm completely stuck on this question.. Trade barriers only work...
Economics - The strength of the GDP data only highlighted the diverging ...
Literacy - 6.The idea that countries should produce and sell goods that they ...
economics - How does the devaluation of a currency reduce or increase a trade ...
Economics - 6. The idea that countries should produce and sell goods that they ...
For Further Reading