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JAMB Commerce 2007 Question 5

Question 5

Economic Integration

The major achievement of ECOWAS is

  1. A.the expansion of regional trade
  2. B.the emergence of a monetary union
  3. C.infrastructural development in member countries
  4. D.mobility of labour among member countries.
Show the answer and explanation

Answer: A (the expansion of regional trade)

Explanation

ECOWAS has increased trade among West African countries by reducing trade barriers; a monetary union has not yet emerged.