Campaign Audience

ECONOMICS I ASSIGNMENT [pic] NAME: ELIZABETH NGONYO STUDENT ID No: NGELD93 unit TITLE: ECONOMICS 1 UNIT encrypt: ECF1110 DUE examine: WEEK 13 LECTURES NAME: DR.PAUL GACHANJA ECONOMICS 1 ASSIGNMENT Introduction on that point bind been meetings held by incompatible African countries so as to protect our animals and the natural resources, members name themselves as the (CITES) radiation draw on International clientele on Endangered Species. The concession will discuss in detail more closedown on ivory dispense, I will focus on African elephants mainly in these three countries these are Kenya, Tanzania and Zambia. What is peck? Is an activity that involves substitution of goods and avails with m superstary or with rough other good or a service. What is international hatful? Is the replace of wares and services with money between two countries or more . wherefore do we trade? We trade because no one is ego sufficient and because of this we require another person to survive. Trade is a very important activity because we cannot survive without commerce; this is because we acquire polar products from other people who issue different products from us.

If on the whole countries were to produce same type of product same measuring stick and quality and same test, in that respect should be no footing to trade because we all have the same product. But overdue to specialization of these countries to produce different products each, international trade is take so that a awkward can import what it does ! not produce and export what it produces just about and of high hat quality. Tourism is the best example of international trade people from other countries pursue to view our orphanages in return we earn foreign exchange due to the service we given them. Comparative reward Comparative advantage is the faculty of a nation or a plain to produce goods at which they are best in at a lower opportunity cost than another country (Robinson et al, 2009, Pg 525). ivory...If you indigence to get a full essay, order it on our website: BestEssayCheap.com

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