Question

What will African countries need to do to make the TFTA a success? What are the likely impediments to doing this?

Answer 1

• in order to make the TFTA a success African countries needs to expand and enhance the flow of trade between countries through proper linkage between countries and removing trade barriers were neccessary.

• likely impediments are : high cost of transportation and trade barriers

Step-by-step explanation:

TFTA ( TRIPARTITE FREE TRADE AREA ) is a trade area/agreement between southern, eastern development community and the easter and southern common markets, in order to make the TFTA a success African countries needs to expand and enhance the flow of trade between countries through proper linkage between countries and removing trade barriers were neccessary.

likely impediments are : high cost of transportation and trade barriers

Answer 2

Answer: The answers are provided below

Step-by-step explanation:

TFTA is an acronym for Tripartite Free Trade Area. The Tripartite Free Trade Area is the African free trade agreement between Common Market for Eastern and Southern Africa, the Southern African Development Community and the East African Community.

As the TFTA is an agreement which is done to increase intra-trade that is, trade between 2 countries or 2 states, therefore African country need to make efforts to expand the regional flow of trade by enhancing connectivity and linkage among member states .

Some of the impediments are:

1. There is no full trade liberalization

2. There many trade barriers.

3. High transportation cost and also inadequate infrastructure .