Sunday, June 16, 2019

Discuss the problems developing countries encounter in international Essay

Discuss the problems ontogenesis countries encounter in international flip in key sectors (i.e. agriculture, industry and services) - Essay ExampleSome internal problems include gamey damage of production, tariffs of inputs andThere are various problems that developing countries breast in international change which will be discussed this paper also provides possible solutions to these problems of trade. Some of the problems include trade barriers, unfavorable terms of trade, high gauge standards,A large portion of GDP in developing countries depend on agriculture, agriculture helps in providing food to the population, providing employment and surplus is exported to other countries. contrasted income highly depends on bucolic products exported and also tourism, however agriculture plays an important role in these countries in providing employment and food, there are various problems that these developing countries face in this sector and they includeHigh tariffs are imposed on imports in international trade tariffs are a source of gross to the government but at the same time they restrict the level of imports in a country, the agricultural sector in developing countries are go about with this problem because their good become more expensive in the internal market due to imposed tariffs.The tariffs will reduce the amo... Bans and quotas are also trade barriers that cause problems in internal trade, in the case of quota the developing countries are only required to export a certain quantity to country, this is a study draw back to the agricultural sector in the developing countries.High input costsMost developing countries import inputs such as fertilizer, pesticides and oil, their cost in the internal market are usually high and some producers cannot afford these costs, for this reason therefore the cost of producing the agricultural products is usually very high making the final price for these products to be high.Therefore the high cost of inputs will pass to an increase in the cost of production, the final price of the agricultural products is usually very high and therefore less competitive in the internal market, for this reason therefore the agricultural products are usually less demanded in the internal market due to competition from more efficient producers.Oil is also a major input in production in to each one and every sector in an economy, the developing countries in most cases will import oil from developed countries where prices fluctuate frequently, and the cost of oil will lead to an increase in the cost of production of these products leading to less competitive prices in the internal market.SubsidiesMany countries subsidize their agricultural sector in come in for them to produce more, this has posed a major problem to the developing countries that cannot afford to subsidize its agricultural sector, subsidizing of agricultural production in developed countries result into a reduction in the cost of production a nd therefore the country demand less imports.Subsidies therefore will create problems to the

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.