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Diversification helps countries to hedge against adverse terms of trade shocks by stabilizing export revenues. It enables them to direct positive terms of trade shocks into growth, knowledge spillovers and increasing returns to scale.
Foreign trade plays a very important role in the economic development of a country. It promotes economic development by improving competitive capacity, expanding market, and providing modern technology and machineries for industrial and agricultural sector.
It is very important to start trade diversification in nepal because it help nepal to earn foreign currency , it help in the marketing sector , in industrial sector etc.
This question is incomplete because the options are missing; here is the complete question:
In Canada, voters typically choose between three or more candidates in an election, which can lead to situations where
A. Actors in the political system are presumed to follow their own self-interest.
B. There will be a disproportionately large impact on conservative politicians.
C. There will be a disproportionately large impact on liberal politicians.
D. It becomes impossible for the majority to decide who it prefers.
The answer to this question is D. It becomes impossible for the majority to decide who it prefers.
Explanation:
In Canada, elections are based mainly on the popular vote of citizens. Additionally, in each election, it is common to have multiple candidates from different political parties, and even candidates that are independent. This variety of political parties and candidates causes in political institutions such as the House of Commons there is a wide variety of political positions. However, in some cases, this can also lead to issues such as citizens not being able to decide who they prefer or not having one candidate the majority of the citizens' support. Thus, this can lead to situations where "It becomes impossible for the majority to decide who it prefers".
