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