Trade Agreements and Foreign Trade Zones

Trade Agreements and Foreign Trade Zones

Trade Agreements and Foreign Trade Zones

For this milestone of your final project on the South African Wine Industry, analyze and describe trade agreements and foreign trade zones. Indicate which ones would be more beneficial for your company and for your industry. Then, provide a detailed analysis of competitors in your chosen global market and industry.

In Milestone Three, you will analyze and describe trade agreements and foreign trade zones. Indicate which ones would be more beneficial for the South African wine industry. The next step is a detailed analysis of competitors in the global market and wine industry. Use specific examples.

V. Trade Agreements and Foreign Trade Zones

A. Describe South Africa’s specific trade agreements and applicable foreign trade zones.

B. Evaluate the advantages and disadvantages of the trade agreements on the specific international market. What is their impact on the wine industry?

C. Evaluate the advantages and disadvantages of the foreign trade zones on the international wine market. What is their impact on the South African wine industry?

VI. Competitiveness

A. Evaluate the overall competitiveness of the South African wine market based on the World Competitiveness Yearbook. For example, how attractive is the South African wine market to foreign direct investment? Support your response with evidence.

B. Evaluate the overall competitiveness of your industry in the specific market based on the World Competitiveness Yearbook. For example, the produce industry in Chile has restrictive accessibility and therefore a low competitiveness. Support your response with evidence.

Solution Preview
A trade agreement can be described as an agreement between two or more countries on how to conduct trade among themselves through the policies and procedures that are set. South Africa has made many trade agreements between them and other countries which focus on helping in……………………………
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