lmport is more than export in nepal.why?
Answers
Answer:
Balance of trade in Nepal is negative as it imports more than it exports both in terms of volume and value. ... Nepal does not have a well-developed industrial base, therefore, production is of low quality and it cost more to produce which makes its products non-competitive for the international market place.
Explanation:
Answer:
There are several problems with Nepal’s foreign trade: It is a land-locked country competes with India in high imports and low exports, it produces low quality goods with a high cost of production, capital formation is inefficient and government policy is antiquated.
Explanation:
Balance of trade in Nepal is negative as it imports more than it exports both in terms of volume and value. ... Nepal does not have a well-developed industrial base, therefore, production is of low quality and it cost more to produce which makes its products non-competitive for the international market place.
hope it helps you
please follow me and make me brainliest