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Economic theory posits that the removal of impediments to trade should redound to improvement in the overall well-being of all nations. Unfortunately, for many developing countries, this has not been the case; upon significantly reducing their tariffs, they are yet to see any tangible benefits....
Persistent link: https://www.econbiz.de/10009443322
Some concerns relating to the demographics of the region as they impact on agricultural production were discussed. Traditional agriculture was in many instances on the decline. Competitive elements have been seizing the opportunity to supply the region through import substitution. Small and...
Persistent link: https://www.econbiz.de/10009443323