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Topical Questions and Answers on Trade: Form 4 Geography

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Explore Topical Questions and Answers on Trade for Form 4 Geography. Perfect resource for educators and students alike.
1. (a) State five reasons why the common market for Eastern and Southern
Africa was formed.
- To encourage member countries to reduce duties charged on goods among
the countries from COMESA member states.
- To promote trade among member states.
- To acquire greater economic strength/higher bargaining power with
trading blocs of the world.
- To establish a larger market for the goods produced in the region.
- To remove trade barriers among member states.
- To create regional specialization in order to improve the quality of goods.
- To create political cooperation among s member states.
- To create monetary and financial cooperation among member states
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