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Section B Question 1 Moringa and peppercorn are locally produced seeds, grown and processed in Somalia. The seeds are well known for their high protein

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Section B Question 1 Moringa and peppercorn are locally produced seeds, grown and processed in Somalia. The seeds are well known for their high protein and magnesium content and demand both locally and globally is skyrocketing. Assuming that Somalia can only produce these two seeds and all resources are used efficiently, they can harvest either 100 tonnes of moringa or 30 crates of peppercorn seeds. Due to the outbreak of the Corona Virus scientific research has shown that seeds are a great replacement for vitamin C and D and this has led to a surge in demand from both regional and international partners. India has been in the forefront of developing potential trade relations to facilitate trade between the two nations. a) Assuming that India also only produces 200 tonnes of Moringa and 50 crates of peppercorn, is there any justification for trade to occur between the two countries. [8] b) India is proposing to form a free trade zone with Somalia. As a young economist working for the Ministry of International Affairs, create a comprehensive report that will show the advantages and disadvantages of free trade with India. In addition highlight your position on the creation of the free trade zone between the countries. [10] Section B Question 1 Moringa and peppercorn are locally produced seeds, grown and processed in Somalia. The seeds are well known for their high protein and magnesium content and demand both locally and globally is skyrocketing. Assuming that Somalia can only produce these two seeds and all resources are used efficiently, they can harvest either 100 tonnes of moringa or 30 crates of peppercorn seeds. Due to the outbreak of the Corona Virus scientific research has shown that seeds are a great replacement for vitamin C and D and this has led to a surge in demand from both regional and international partners. India has been in the forefront of developing potential trade relations to facilitate trade between the two nations. a) Assuming that India also only produces 200 tonnes of Moringa and 50 crates of peppercorn, is there any justification for trade to occur between the two countries. [8] b) India is proposing to form a free trade zone with Somalia. As a young economist working for the Ministry of International Affairs, create a comprehensive report that will show the advantages and disadvantages of free trade with India. In addition highlight your position on the creation of the free trade zone between the countries. [10]

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