Question
How is it hoped that the African Continental Free Trade Area will increase economic activity and efficiency?(1 point)
Responses
by requiring that workers are paid a living wage
by requiring that workers are paid a living wage
by restricting Chinese investment in African infrastructure
by restricting Chinese investment in African infrastructure
by reducing the costs of trade
by reducing the costs of trade
by increasing tariffs
Responses
by requiring that workers are paid a living wage
by requiring that workers are paid a living wage
by restricting Chinese investment in African infrastructure
by restricting Chinese investment in African infrastructure
by reducing the costs of trade
by reducing the costs of trade
by increasing tariffs
Answers
GPT-4o mini
The correct response is:
**by reducing the costs of trade**
The African Continental Free Trade Area (AfCFTA) aims to enhance economic activity and efficiency by lowering trade barriers, such as tariffs and quotas, which can help facilitate easier and cheaper trade between African nations.
**by reducing the costs of trade**
The African Continental Free Trade Area (AfCFTA) aims to enhance economic activity and efficiency by lowering trade barriers, such as tariffs and quotas, which can help facilitate easier and cheaper trade between African nations.