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 Form 4 Business Studies questions and answers on international trade

Outline four benefits that Kenya derives by being a member of preferential Trade Area (PTA)

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Answer Text:
-Obtains wide market of goods
-Obtains Loans from PTA bank
-There is no need for foreign exchange when importing goods from PTA members
-There is reduced custom duty
-She can get goods that she cannot produce.
-Obtains goods cheaply


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