Question:

What does the trade deal (CAFTA) affect to Costa Rica's economic development?

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You guys give 3 reasons why this trade deal affects positively its economy

Thanks a lot

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2 ANSWERS


  1. 1) It gives opportunity to benefit both sides from comparative advantage.

    2) It gives opportunity to benefit both sides from absolute advantage.

    3) It allows to enjoy wider diversity of products,

    4) It removes some trade barriers,


  2. Here is some web sites

    http://www.invisibleheart.com/Iheart/Tra...

    http://www.buyusa.gov/costarica/en/cafta...

    http://www.export.gov/articles/mom_cafta...

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