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• KA NA WU. 1 year ago

  we need to broaden our exports markets. Substantial trade surplus have made significant impact on economic development in our peer countries in Asia, notably South Korea. Our best bet in stabilizing the cedi is piling up fore ...
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  we need to broaden our exports markets. Substantial trade surplus have made significant impact on economic development in our peer countries in Asia, notably South Korea. Our best bet in stabilizing the cedi is piling up foreign currencies so we can ease the aggregate demand pressure emanating from imports and outward transfers.
  The USA is conspicuously missing from the list of export destinations. A drop in the ocean unworthy of mentioning?
  Why no tourism? Easy income source.
  We should note that China, Hongkong and South Korea developed with trade surpluses accumulated from the USA. Therefore, why can we not follow their footsteps?

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