Give three reasons why the preferential Trade Area ( PTA) was formed.

      

Give three reasons why the preferential Trade Area ( PTA) was formed.

  

Answers


Kavungya
(i) To promote trade among member states
(ii) To establish a common market
(iii) To harmonize and co- ordinate development strategies, policies and plans
within the region
(iv) To provide co-operation in monetary and financial affairs/ common
curve
(v) To establish institution which promote agricultural and industrial
development/ economic co- operation
(vi) Eliminate tariffs of non- tariff barners
Kavungya answered the question on July 2, 2019 at 09:54


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