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WAEC Commerce 2022 Question 50

Question 50

Economic Integration

The agreement which led to the formation of the West African Clearing House was signed in

  1. A.The Gambia
  2. B.Sierra Leone
  3. C.Nigeria
  4. D.Ghana
Show the answer and explanation

Answer: C (Nigeria)

Explanation

The West African Clearing House was set up by an agreement signed in Lagos in 1975 by West African central banks, with its headquarters in Freetown.