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History, 25.05.2021 01:20 Imelda593

Map of African Continental Free Trade Area (A f C F T A), 2019. A key notes Unsigned, Signed, and Ratified regions. Countries labeled are Benin, Nigeria, and Eritrea. Benin, Nigeria, and Eritrea are Unsigned. Egypt, parts of northwest Africa, South Africa, and parts of east Africa on the coast are Ratified. North Africa, countries in the middle of Africa, and the Congo are Signed. Which of the following statements best reflects why AfCFTA was created?

African nations were outsourcing industry to stimulate economic growth.
African nations wanted to create the means to participate in the global market.
African nations wanted to increase tariffs to collaborate with other free trade markets.
African nations were leveraging regional trade wars to expand economic opportunities.

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