WAEC Economics 2003 Question 47

Question 47

International Economic Organisations

A major problem facing the Economic Community of West African States (ECOWAS) as an economic integration, is the

  1. A.increasing population
  2. B.willingness of members to co-operate
  3. C.geographical contiguity
  4. D.weak trade relations.
Show the answer and explanation

Answer: D (weak trade relations.)

Explanation

Members produce similar primary goods and trade more with Europe than with one another, so intra-regional trade is weak.