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Bahasa Inggris Niaga (Adbi4201) - Tugas Tuton 2 (Dimas Maulana)

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33 views3 pages

Bahasa Inggris Niaga (Adbi4201) - Tugas Tuton 2 (Dimas Maulana)

Uploaded by

Bang Ipul
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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TUGAS TUTON 2

Nama : Dimas Maulana


NIM : 051481602
Prodi : Manajemen-S1

UPBJJ Surabaya - Universitas Terbuka


Bahasa Inggris Niaga (ADBI4201)

Question:
1. 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?

Answer:
If Nation X decides to invest in developing its local processing industry, there are several potential
benefits and challenges that could arise from this move.

Benefits:

1. Improved Trade Balance: By processing its agricultural products locally, Nation X could
significantly enhance the value of its exports. Instead of just sending raw materials abroad,
the country could export finished goods, which typically have a higher market value. This
would positively impact the trade balance, as the country would be earning more from its
exports and potentially reducing the amount spent on imports.

2. Job Creation: Developing a local processing industry would likely create new job
opportunities for the citizens of Nation X. From skilled positions in processing plants to jobs
in logistics and distribution, the ripple effect of this investment could lead to lower
unemployment rates and increased household incomes.

3. Economic Growth: The establishment of a processing industry could stimulate overall


economic growth. With more jobs and higher export revenues, Nation X could see an uptick
in domestic consumption and investment. This could also attract foreign investment, as a
more robust economy becomes more appealing to investors.

4. Technological Advancement: Investing in processing technology could lead to knowledge


transfer and innovation within the country. As local industries grow, there may be
opportunities for research and development, ultimately leading to a more competitive
economy.

Challenges:

1. Initial Investment Costs: Setting up a processing industry requires significant capital


investment in technology, infrastructure, and training. Nation X would need to carefully
consider how to finance this development, as it could strain public resources or require
foreign loans.

2. Market Competition: Nation X might face stiff competition from established processing
industries in other countries. Competing on quality, price, and distribution could be
challenging, especially if the local industry is still in its infancy.

3. Skill Gap: There may be a skills gap in the local workforce. While job creation is a benefit,
Nation X would need to invest in education and training programs to ensure that its citizens
are equipped to work in the new processing facilities.

4. Economic Dependence on Agriculture: If the local processing industry does not diversify
into other sectors, Nation X could remain overly dependent on agriculture. This could be risky
if agricultural prices fluctuate or if there are adverse weather conditions affecting crop yields.

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

If Nation X successfully develops its processing industry, the trade balance could shift positively as
the country exports higher-value goods. Employment rates would likely rise due to new job creation
in processing and related sectors. Overall, this could lead to sustained economic growth, as increased
export revenues and job opportunities stimulate domestic spending.

In conclusion, while there are substantial benefits to investing in a local processing industry, Nation X
must navigate challenges such as initial costs and market competition. If managed well, this shift
could transform the economy, making it more self-sufficient and resilient in the global market.

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