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Identify four problems facing regional trading blocs in Africa.

      

Identify four problems facing regional trading blocs in Africa.

  

Answers


gideon
- Some of the countries produce similar goods which hinders regional trade.
- Poverty in some of the countries makes members lack the purchasing power.
- Some member countries fail to remit annual subscriptions to the trading bloc limiting their
operations.
- There is poor transport and communication networks between the member states.
- Civil wars among and between communities cause insecurities which affects trade.
- Tree trade may affect local trade since some imported commodities may be cheaper than locally
manufactured goods.
- Reliance of some countries in other
- Difference in the level of economic development makes some countries rely on others for some
products.
gideon1 answered the question on October 4, 2017 at 05:03


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