After reading the following Brookings article, answer the fo…
After reading the following Brookings article, answer the following questions: Reaping the benefits of the AfCFTA: Strengthening transport services and infrastructure for growth 1. This regional trade agreement is set to cover more than 1.5 billion people and a combined GDP of over $10 trillion dollars. The goal is to reduce tariffs and non-tariff trade barriers. According to the article, by 2035, FDI has the potential to increase more than percent as well as lift over 30 million people out of poverty. 2. Infrastructure within Africa remains a huge obstacle, particularly since about 600 million lack access to . One of the solutions offered in the article is to increase the tax to GDP ratio on the continent, which is about the global average. 3. The article suggests that currently more than 3/4 of Africa’s freight moves over road. The article suggests that to increase trade in the future, more goods will need to move via .