Question

How does Costa Rica trade agreement impact doing business in this country? How does it impact business in the US? Who profits the most from the trade agreement? Who profits the least? Why?

Answer 1

Costa Rica trade agreement:- Costa Rica is a compact country that is open to trade in goods, services and foreign investment. In the year 2016 many Costa Rica trade agreements would take place and as a result 80% of the Costa Rica's exports go to the countries like Canada, Caricom, Chile, China, Dominican Republic, European Union, Mexico, Peru, Singapore and US.
The impact of Costa Rica trade agreement on the country has both positive and negative . From positive point of view, creats job opportunities, investment opportunities for business, less tariff charges, easy import and export activities. From the negative point of view, this trade agreement would dominant the domestic business, imbalance in trade and income inequality in the country.
  
Costa Rica trade agreement impact on business in US:-

This trade agreement has increased the exports in the US and American Companies are free for business and investment in Costa Rica.

The US gets profit the most from this trade because after this agreement the US export to Costa Rica would increased up to 40%.
The Central America gets the least profit from the agreement because of dominance of US companies.