Answer Happy

Question 1 a. Conduct a web search to find the two (2) latest Free Trade Agreements (FTAs) in South America: i. Indicate the date on which each FTA entered into force and the date on which the World Trade Organization (WTO) was notified about the Agreement. [2 marks] Compare and contrast the two (2) FTAs. [4 marks] Clearly identify the static and dynamic economic effects of the FTAs for the countries involved. [6 marks] 11. 111. iv. V. 11. b. Conduct a web search to find the four (4) latest Free Trade Agreements (FTAs) in Asia: Indicate the date on which each FTA entered into force and the date on which the World Trade Organization (WTO) was notified about the Agreement. [4 marks] i. Compare and contrast the four (4) FTAs. [8 marks] Clearly identify the static and dynamic economic effects of the FTAs for the countries involved. [8 marks] 111. iv. Clearly identify and explain which country or countries experienced trade creation. [4 marks] V. Clearly identify and explain which country or countries experienced trade diversion. [4 marks] Clearly identify and explain which country or countries experienced trade creation. [4 marks] Clearly identify and explain which country or countries experienced trade diversion. [4 marks]