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With the Africa Continental Free Trade Agreement in operation, countries on the continent will freely access markets and member states could capitalise on their comparative competitive advantage. Moreover, they are expected to embrace and promote consumption within their states for goods manufactured and distributed by other member states. All else equal, if this is honoured, entrenched and practiced by member states, there will be mutual benefits and economic growth on the continent could be accelerated. With this in mind, work with an entrepreneur in your neighbourhood or close to where you live and identify a country that has a market for the business line your entrepreneur is working in. Ensure that you guarantee the business confidentiality and you state that , you will share information related to their company with only with the university.
Conduct an assessment of geographic, economic, social-cultural, and Administrative factors that create business opportunities for trade between South Africa and a selected case study country. You should consider how technology could create opportunities by expanding possibilities for production and distribution of goods and services.
Assess the country's recent economic conditions related to GDP, inflation, interest rates, currency value, and employment. What advice would you give the entrepreneur based on how these economic factors may attract or deter foreign investment.
This document contains various important questions and their appropriate answers in the subject field of Economics.
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