State University of New Jersey The Push Towards Free Trade in Africa Questions

User Generated

nyvxrznypnxznx

Business Finance

State University of New Jersey

Description

Hi

I am attaching my International Business Homework.It is so basic you all have to do is reading the case and answer 4 question

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Hey, am done. find attached and feel free to seek clarification. Thanks

The Push towards Free Trade in Africa
Question 1;
There are various factors as to why African nations are more inclined to trading with the European
countries and the Americans than they are with each other. First of all, there is still an overall tariff
of 8.7% on an African business exporting commodity on the continent. Compared to a tariff of 2.5
percent on products shipped from abroad. Secondly, intra-African trade involves almost always
lengthy border stops for customs-related bureaucracy and red tape customs inspection.
Furthermore, there is a shortage of proper physical infrastructure, particularly highways and
railways. Low levels of industrialization, constrained labor mobility, and a strong reliance on
explorin...


Anonymous
Excellent resource! Really helped me get the gist of things.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Related Tags