WAEC Commerce 2000 Theory question 108

(a) ECOWAS (any five): to promote trade among member states; to remove customs duties and trade barriers among members; to allow free movement of persons, goods and services; to set up a common external tariff; to improve transport and communication links; to harmonise agricultural, industrial and monetary policies; to raise living standards and promote economic co-operation and peace in the region.
(b) IMF (any five): to promote international monetary co-operation; to promote stable exchange rates; to give short-term loans to members with balance of payments difficulties; to encourage expansion of world trade; to help set up a multilateral system of payments and remove exchange restrictions; to give technical advice to members.

Five aims for each body.