Non-Tariff Barriers in African Trade

The video discusses the impact of the Suez Canal blockage on global trade and explores non-tariff barriers affecting African trade. It highlights specific barriers in Algeria, Nigeria, and Morocco, and presents solutions through the African Continental Free Trade Area (AFCFTA). An interview with Le Tabo Satori provides insights into prevalent barriers and the AFCFTA's legal framework for addressing them.

What was the primary consequence of the Ever Given ship getting stuck in the Suez Canal?

• It blocked trade and affected global economies.

• It caused a global oil shortage.

• It resulted in a new trade agreement.

• It led to a decrease in shipping costs.

How does the African Union define non-tariff barriers?

• As a wide range of restrictive regulations and procedures.

• As subsidies provided to local businesses.

• As taxes imposed on imported goods.

• As free trade agreements between countries.

Which of the following is an example of a non-tariff barrier?

• Lowering tariffs

• Increasing export quotas

• Free trade agreements

• Import bans

In which African country is the prevalence of non-tariff barriers about 50%?

• Nigeria

• Egypt

• Algeria

• Morocco

What is a major challenge caused by non-tariff barriers in Africa?

• Overproduction of goods

• Lack of international trade agreements

• Lack of policy coherence and regulatory systems

• Excessive foreign investment

What infrastructure issue is highlighted as a challenge for trade in Africa?

• Lack of railways

• Insufficient seaports

• Poor road conditions

• Lack of airports

What hidden cost is associated with non-tariff barriers in Africa?

• High import taxes

• Increased shipping fees

• Currency exchange rates

• Corruption and bureaucracy

What mechanism has the African Continental Free Trade Area implemented to address non-tariff barriers?

• A new tariff system

• An online tracking and monitoring system

• A trade embargo

• A subsidy program for exporters

What is the purpose of the dispute settlement body established by the African Continental Free Trade Area?

• To resolve trade disputes and hold countries accountable

• To impose new tariffs

• To provide financial aid to traders

• To negotiate new trade agreements

What is the main goal of eliminating non-tariff barriers according to the African Continental Free Trade Area?

• To limit exports

• To reduce foreign investments

• To boost intra-African trade flows

• To increase tariffs