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GOVERNMENT

JAMB 2003 - Question 46

Government 2003 JAMB Past Questions - Question 46: The major problem of the ECOWAS is lack of

Choose the most appropriate option for the gap .

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.

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Correct Answer

Explanation

The major problem of ECOWAS is lacof commoncurrency. This makesfinancial transactions difficult among member nations. Other problems include:(1) Thehigh rate of poverty.(2) Theexistence of other sub-regional organizations e.g. CEAO.(3) Languagebarrier.(4) Theproblem of refugees and displaced persons.(5) Similarityin agricultural products.