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Benefits Kenya is likely to get from exploitation of oil in Turkana area include;The country will earn and conserve foreign exchangeEmployment opportunities will be createdThe supply of oil in the country may be stableThe people will enjoy low fuel pricesThe government will earn revenueThe infrastructure of surrounding areas is likely to improveThe exploitation will accelerate economic activities in the surrounding areas / multiplier effectPetro- chemical industries will get ready raw materials / inputsForeign investors will be attracted due to low cost of productionThe country BOP will improve drastically
Some of the natural forests in coastal region of Kenya include?Mangrove forestsArabuko sokoke forestMida forestKayafungo forestBoni forest
Problems created by decline of population in developed countries are;Underutilization of public utilities such as schools/health facilities.It leads to slow development of a country's economy.Inadequate manpower causing shortage of labour.High dependency ratio due to large number of elderly population.
Some of the problems facing trade in Kenya include;Scarcity of goods - Some goods required by consumers in given places may be lacking may be due to adverse conditions.Most parts of the country have poor transport network making it difficult to transport good to various markets.Inadequate capital - Most traders operate small scale and have to rely on banks to expand their trading activitiesInsecurity - In some area traders may be attacked by thugs and lose their goods hence invest in heavy and security systems that eats their profits.Trade restrictions/barriers - The government may impose restrictions on goods to be imported or exported.Dumping of goods - This refers to the selling of goods in an external market at a price cheaper than that charged in the exporting country.