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In the article taken from The economist print edition, 16th January 00, America¡¦s trade representative, Robert Zoellick, has ¡§brought a sunny message¡¨ in Africa. This is because there is a rapid increase of African exports to America due to ¡§tariff free access¡¨.

Figure 1

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Figure 1 shows the situation where the effect of free trade of demand African exports in America. The price of African exports is shown in P. The price is lower than the domestic supply goods in America. As the result, the supply curve of African exports (S), cuts the demand curve at A. This has benefited both consumers by lowering the price and increasing quantity consumed in America.

The SACU agreement (Southern African Custom Union) is believed will bring positive aspects to the Africa as a whole. In this article, it seems, African countries are taking comparative advantages. For example, ¡§workers in Senegal specialize in exports of wedding dresses¡¨, ¡§Ghanaian producers sell traditional clothes to black Americans in Chicago¡¨. In addition, with the additional supports from SACU agreement, such as freedom movements of goods and services. It is believed that the overall production for African goods will increase. In addition, since the major increase in of African goods are non-fuel products (manufacturing goods), which is price elastic to demand. I believe there will be economic development in Africa.

Figure

Figure shows economic development and growth in Africa, the economic growth is shown by the movement outward of PPF in Figure . There will be also economic development in Africa, because the major products produced by African countries are manufacturing goods, not luxury ones, therefore goods can be purchase by the poor. This is because, after all demand is determined by income and purchasing power.

More employments can be found in South African countries, after the imposition of America duty free access under the African Growth and Opportunity Act. In Lesotho for example, 15,000 new jobs are created, as the result this leads to economic growth in Lesotho.

Figure

It appears that the publics are having an optimistic point of view in Africa economy. However, we have to remember there are some intrinsic problems in Africa, such as the political instability between Swaziland and Eritrea and having difficulty in agriculture sector (have to struggle against import quotas and a low world price). Therefore, in order to really bring economic development in Africa. It is inevitable for the world to tackle these problems first.

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