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Author Question: The African Growth and Opportunity Act (AGOA) allows countries in sub-Saharan Africa to use ... (Read 114 times)

deesands

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on: Jun 29, 2018
The African Growth and Opportunity Act (AGOA) allows countries in sub-Saharan Africa to use third-country fabrics and export them duty-free to the United States.
 
 Indicate whether the statement is true or false

Question 2

Countertrade practices encourage economic inefficiency.
 
 Indicate whether the statement is true or false


amanda_14

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Reply #1 on: Jun 29, 2018
Answer to Question 1

T
The African Growth and Opportunity Act (AGOA) allows countries in sub-Saharan Africa to use third-country fabrics and export them duty-free to the United States.

Answer to Question 2

T
Countertrade practices encourage economic inefficiency since the firms benefiting from the countertrade arrangement do not face the same competitive pressure as firms in other countries.


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