Thursday, November 21, 2013

African Women Add to Total Trade

The African trade system is limited.  There are no women allowed to open into the trade sector.  Some women in Africa are in the manufacturing business or agricultural sector.  The agricultural sector is the biggest trade sector between African countries.  Womenare key to trade, they deliver, produce, and provide services.  Women need to develop an even more important role to trade.  They would like to trade, but the countries limit women’s wages and activities.  Many are trying to approve regulations on utilizing women in the trade force.

Accepting women into the trade sector will be similar to migration.  Even if there is no one moving in, the sectors are seeing a very large increase in their labor.  Trading within Africa will change many African inhabitants’ lives.  The benefits for women would include a wage difference in the home and ability to provide better for their family.  Women do assume the risks of not being able to trade with their business.  Wages overall may decrease but for families, the extra income of the mother will help their household.  Capital and land returns will increase.  Especially land in this case because women can join the large agricultural sector.  The extra revenue from having the women help will make a huge impact on each country.  The price of exports will likely decrease because there will be a higher amount to export and the price of imports may increase because the countries will have a greater ability to import so they may import more just in general.  So the home countries will improve the terms of trade.  Are there any other effects by adding women’s efforts into the workforce and trading sectors? Who (home country vs. foreign country/producers vs. consumers) will gain or lose from the increased trading?

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