Answer to Question #118402 in Economics for john

Question

evaluate how south africa has worked to develop and adopt measure to establish protectionism and free trade

Answer 1

South Africa had a relatively open economy, protected only moderately by tariffs, where 56% of duties were set at 0%.

There had been extensive tariff liberalisation since 1994, but while South African exports had increased significantly, the basket of export goods, with some notable exceptions, remained largely unchanged.