Question

African companies will find it easier to gain access to financing from the U.S. Export-Import Bank due to:

1) AGOA
2) GATT
3) SADC
4) TDCA
5) SACU

Answer 1

African companies will find it easier to gain access to financing from the U.S. Export-Import Bank due to the African Growth and Opportunity Act (AGOA) and the Trade and Development Cooperation Agreement (TDCA).

Step-by-step explanation:

African companies will find it easier to gain access to financing from the U.S. Export-Import Bank due to the African Growth and Opportunity Act (AGOA) and the Trade and Development Cooperation Agreement (TDCA). AGOA is a legislation that provides trade preferences to eligible African countries, allowing them to export goods to the US duty-free. TDCA is a bilateral agreement between South Africa and the EU that promotes trade and investment. These agreements facilitate access to financing by reducing trade barriers and promoting economic cooperation between Africa and the US.