Other than trade barriers like tariffs and quotas. Complex legal documentation, weak contract laws,government corruption, general corruption, monetary issues, anti-business culture, xenophobia, poor country image, cultural conflicts, technology gaps, and many other reasons.
Type your answer here... High tariffs
high tariffs
Factors that do not promote increased international trade and economic growth include trade barriers such as tariffs and quotas, which restrict the flow of goods and services between countries. Political instability and conflict can also deter foreign investment and trade relationships. Additionally, lack of infrastructure and poor regulatory environments can hinder efficient market access and economic development. Lastly, economic isolationism or protectionist policies can stifle innovation and limit market opportunities.
How can the government promote growth in the economy
-to promote welfare -to accelerate economic growth -to promote and strength collective self reliance -to promote active collaboration -to strengthen Co operation with other developing countries -to strengthen Co operation with other international institutions
Type your answer here... High tariffs
high tariffs
enjoying increased international trade and rapid economic growth
How can the government promote growth in the economy
-to promote welfare -to accelerate economic growth -to promote and strength collective self reliance -to promote active collaboration -to strengthen Co operation with other developing countries -to strengthen Co operation with other international institutions
what could ordinary people do in their daily lives to promote economic growth and prosperity in south africa
Not really. "Trickle down effect" suggests that more economic activity tends to promote economic growth, helping everyone to prosper. The International Monetary Fund generally doesn't favor growth; that's why they always support higher taxes, which retards economic growth.
he didnt
Yes
Among the following factors, government instability, lack of infrastructure, and high levels of corruption are least likely to promote economic growth.
GROWTH
domestic buying increased