GRADE 12 2024 ECONOMICS PROJECT RESEARCH PROJECT STUDY THE SCENARIO BELOW AND RESEARCH ON ISSUES TO FOLLOW AGOA & A/CFTA AGOA, has been the cornerstone of U.S. efforts to cultivate deeper economic relations with sub-Saharan Africa since 2000. Trade under the new preferences set out in AfCFTA was launched on the 31 January 2024 at the ICC in Durban. It was published in the Government gazette on the 26 of January 2024. In your report focus on the following issues: • (Source: https://www.sars.gov.za) The meaning of Free and Preferential trade • The Purpose of the ACFTA & AGOA agreement (ACFTA) The positive impact that the two agreements may have on the South African Economy as well as the range of products that would be affected Highlight the risks that may be associated with Free Trade If South Africa is/was part of the AGOA agreement, how would cutting ties with the AGOA agreement affect the South African Economy 4 4 20 7 10​



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