Question on: JAMB Economics - 1994
The main objective of the Economic Community of West African State is to?
A
estabilish a West African Development Bank
B
create a West African army
C
introduce a common currency for the sub-region
D
promote the free movement of persons, goods and services within the sub-region
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Correct Option: D
The primary goal of ECOWAS is to foster economic integration within West Africa. This is achieved by promoting the free movement of people, goods, and services, which in turn stimulates trade and economic growth among member states. While ECOWAS has other initiatives like the establishment of a development bank and discussion of a common currency, these are secondary to the main objective of facilitating free movement. A common currency is a long-term goal, not the primary objective. A West African army is a separate initiative focused on regional security, not the core economic objective.
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