In: Economics
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.