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    Tugas 2 Bahasa Inggris Niaga

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    zakidebby

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    © All Rights Reserved
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    Tugas 2 Bahasa Inggris Niaga

    Uploaded by

    zakidebby
    94 views2 pages

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    tugas 2 bahasa inggris niaga

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    © All Rights Reserved
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    94 views2 pages

    Tugas 2 Bahasa Inggris Niaga

    Uploaded by

    zakidebby

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Nama:Abdullah zaki

    Nim: 051928083

    soal

    Read the following scenario and then answer the question in your own words. Your response
    should reflect your understanding and analysis of the concepts of export and import demonstrating
    original thought and critical thinking.
    Scenario:
    A small country, Nation X, has a thriving agricultural sector but lacks the technology to process
    raw materials into finished goods. As a result, Nation X exports a significant portion of its
    agricultural products to other countries, where these goods are processed and then re-imported as
    finished products. Recently, the government of Nation X has been considering investing in
    technology to develop a local processing industry, potentially reducing its dependency on imports
    and increasing the value of its exports.
    Question:
    Discuss the potential benefits and challenges Nation X might face if it decides to invest in
    developing its local processing industry. How could this shift impact the country's trade balance,
    employment rates, and overall economic growth?
    Jawaban:

    Potential Benefits and Challenges of Developing Local Processing Industry in Nation XBenefits:

     Reduced Dependency on Imports: Developing a local processing industry would reduce


    Nation X's reliance on importing finished goods, leading to greater self-sufficiency and
    reduced vulnerability to international market fluctuations.
     Value Addition: By processing raw materials locally, Nation X can add value to its
    products, potentially commanding higher prices in the global market and increasing export
    revenues.
     Employment Opportunities: The development of a local processing industry would create
    job opportunities, particularly in manufacturing and technology sectors, contributing to
    lower unemployment rates and improved living standards.
     Technological Advancement: Investing in technology for processing would lead to
    technological advancements, potentially spurring innovation and knowledge transfer
    within the country.

    impact on Trade Balance, Employment Rates, and Economic Growth:

     Trade Balance: Developing a local processing industry could lead to a reduction in imports
    and an increase in exports of value-added products, potentially improving the trade
    balance.
     Employment Rates: The establishment of a local processing industry would create jobs,
    leading to lower unemployment rates and increased consumer spending, which could
    further stimulate economic growth.
     Economic Growth: Overall, investing in a local processing industry has the potential to
    contribute to economic growth through increased industrial output, higher export revenues,
    and technological advancements, provided that the challenges are effectively addressed.

    In conclusion, while developing a local processing industry presents opportunities for reducing
    dependency and adding value to exports, Nation X must carefully consider and mitigate the
    challenges to ensure a successful transition and sustainable economic growth.

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