The major problem of the ECOWAS is lack of - JAMB Government 2003 Question
The major problem of the ECOWAS is lack of
A
a common currency
B
commitment by members
C
uniform ideology
D
a common customs union
correct option: a
The major problem of the ECOWAS is lack of common currency.
This makes financial transactions difficult among member nations.
Other problems include:
1. The high rate of poverty
2. The existence of other sub-regional organizations e.g CEAO.
3. Language barrier
4. The problem of refugees and displaced persons.
5. Similarity in agricultural products.
This makes financial transactions difficult among member nations.
Other problems include:
1. The high rate of poverty
2. The existence of other sub-regional organizations e.g CEAO.
3. Language barrier
4. The problem of refugees and displaced persons.
5. Similarity in agricultural products.
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