Най-голямата зона за свободна търговия в света
The largest free trade area in the world
Eduard Marinov
MPRA Paper from University Library of Munich, Germany
Abstract:
The Agreement establishing the African Continental Free Trade Area entered into force on 30 May 2019 and on 9 July all countries on the continent joined it. If the Agreement works as hoped, it will connect 1.3 Billion people, create a 3.4 Trillion USD economic bloc, and heat up commerce within the continent itself. The paper aims at tracing the process of economic integration in Africa, analyzing the main features and assessing the potential benefits of the implementation of the African Continental Free Trade Agreement.
Keywords: economic integration; development countries integration; FTA; African economy (search for similar items in EconPapers)
JEL-codes: F15 F55 O55 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:110922
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