How is it hoped that the African Continental Free Trade Area will increase economic activity and efficiency?(1 point)

Question

Responses

by increasing tariffs
by increasing tariffs

by reducing the costs of trade
by reducing the costs of trade

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

Answer 1

by facilitating a larger market for goods and services, promoting competition, driving down prices, and ultimately leading to increased economic activity and efficiency.