Assume you are to export something to ethopia from Canada - what would that be and...

Assume you are to export something to ethopia from Canada - what would that be and why - please elaborate your answer.

Solutions

Expert Solution

Assuming I am exporting something from Canada to Ethiopia.

Item to be exported- Fuel (energy).

Reason - Availability of affordable energy is really vital for an economic growth, specially for a developing nation like Ethiopia. More reliable and cheaper sources of energy is an important component as it serves as the fundamental support to expand the agriculture, industries and services. Ethioppia is mainly dependent on agriculture and having a new mordern ways to agriculture will promote its GDP. Even the industrial sector and the transportation will highly be improved.
In the same time, Canada being abundant with natural resouces and one of the largest exporters of fuel, this will help with the Canadian economy as well.

Rahul Sunny answered 1 year ago

Next > < Previous

Related Solutions

What if you could do something that you would not get caught at; something that would...

What if you could do something that you would not get caught at; something that would make you financially secure, happy and make for an easy life. What would it take to make you do it?

How can Canada broaden its export market globally?

What is something you would like to know about a company before you accept them as...

What is something you would like to know about a company before you accept them as an audit client?

Assume that the export price of a Toyota Corolla from Osaka, Japan, is ¥2,100,000. The exchange...

Assume that the export price of a Toyota Corolla from Osaka, Japan, is ¥2,100,000. The exchange rate is ¥87.59 /$. The forecast rate of inflation in the United States is 2.1 % per year and in Japan it is 0.0 % per year. Use this data to answer the following questions on exchange rate pass-through. a. What was the export price for the Corolla at the beginning of the year expressed in U.S. dollars? b. Assuming purchasing power parity holds,...

What actions taken by the Bank of Canada in 2015 and 2016 would you expect to...

What actions taken by the Bank of Canada in 2015 and 2016 would you expect to have influenced real GDP growth in 2018? Explain how those policy actions would transmit to real GDP. In 2015 and 2016, the Bank of Canada kept the overnight rate low. This policy would transmit to real GDP by all of the following except ______ A. an increase in net exports B. an increase in investment C. an increase in consumption expenditure D. an increase...

What recommendations would you make to Ricoh Canada Inc. to more effectively compete in the services...

What recommendations would you make to Ricoh Canada Inc. to more effectively compete in the services market?

Is there something you ever purchased that you would have been willing to pay more for...

Is there something you ever purchased that you would have been willing to pay more for than the listed price? What was it? a) What was the difference between the amount you were willing to pay and the actual price you paid? b) Why was there such a discrepancy? Answer the following questions about taxes & subsidies: 1) Give an example of something you purchase that has a special tax placed on it. For example, cigarettes have a special tax...

How would you use the theory of Demand and Supply to explain something that you have...

How would you use the theory of Demand and Supply to explain something that you have observed about the world? Your answer needs to provide at least three paragraphs. The first paragraph identifies and explains in your own words the observation of the world. The second paragraph identifies the supplier and consumers in your observation. The third paragraph explains how the supply and demand changed to explain the event in the world.

3 Mention in what circumstances there would be barriers to export products or services or when...

3 Mention in what circumstances there would be barriers to export products or services or when they would be wrong to do so.

what is something you enjoy about the state standards?

Subjects