JAMB Economics 2012 Question 48

Question 48

International Economic Organisations

One of the functions of ECOWAS is to

  1. A.provide funds for infrastructural development
  2. B.determine prices of exports
  3. C.redistribute income among citizens
  4. D.provide employment for citizens of member nations.
Show the answer and explanation

Answer: A (provide funds for infrastructural development)

Explanation

Through its fund and bank, ECOWAS finances roads, power and other infrastructure in member states.