The African Growth and Opportunity Act provides duty-free access to the US market in addition to products from sub-Saharan African countries that are eligible for duty-free access under the Generalized System of Preferences program. America Since its enactment, the African Development and Opportunity Act (AGOA) has been at the core of American economic policy and commercial engagement with Africa. By providing new market opportunities, AGOA has helped to spur economic growth, promote economic and political reform, and improve U.S. economic relations in the region. Recently America has excluded some African countries from this. Let's know more about African Growth and Opportunity Act (AGOA).
1. How many countries are eligible for AGOA benefits 2020?
A. 28 countries
B. 38 countries
C. 58 countries
D. 98 countries
2. AGOA exists in which continent's country only?
A. American
B. Australian
C. Asian
D. African
3. Which of the following African country not beneficiaries of AGOA?
A. Ethiopia
B. Mauritius
C. Mozambique
D. Namibia
4. Which one country is part of the African Growth and opportunity act?
A. Ethiopia
B. Mali
C. Guinea
D. Mauritius
5. The United States cut Ethiopia, Mali, and __________ from access to a duty-free trade program.
A. Guinea
B. Botswana
C. Burkina Faso
D. Burundi
6. African beneficiary countries with non-reciprocal duty-free access to the US market for approximately _________ products.
A. 1,500 products
B. 3,500 products
C. 6,500 products
D. 9,500 products
7. Who was the US President when the AGOA comes into force?
A. Washington DC
B. George Bush
C. Bill Clinton
D. Barack Obama
8. AGOA legislation receives a makeover with numerous changes. It is extended to...
A. 2022
B. 2025
C. 2028
D. 2030
9. How many billion dollars did Ethiopia trade with the US in 2020?
A. $525
B. $555
C. $522
D. $987
10. How many percent of agriculture product export by the Ethiopia in America?
A. 4%
B. 6%
C. 8%
D. 10%
11. U.S. President Joe Biden announced that he has “determined that Ethiopia, Guinea, and Mali do not meet” the AGOA requirements described in section?
A. 506A(a)(1)
B. 506A(a)
C. 506A
D. All of the above
12. Ethiopia is disqualified from participation in the Africa Growth and Opportunity Act due to gross violations of...
A. Human rights
B. Free trade agreement
C. Parameters of goods
D. All of the above
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