1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mkey [24]
3 years ago
6

Write on ECOWAS as a Regional Trading Bloc under the following headings: • When Established and Brief History • Current Membersh

ip • Goals • Achievements • Challenges • Conclusion
Social Studies
1 answer:
frosja888 [35]3 years ago
3 0

Answer:

ECOWAS is a strong regional trading block similar to Schengen Zone countries adopted in Europe. In ECOWAS, there was need to promote common trade among its people, encourage free movement of goods, people and services as well to encourage the usage of single common currency in the region. Despite its challenges, there is still prospect of actualizing its aim.

• <u>When Established and Brief History:</u> This is a body of West African Countries with its roots in earlier attempts at a West African economic community meetings in the 1960's. Then, it was spearheaded by Yakubu Gowon of Nigeria and Gnassigbe Eyadema of Togo.

• <u>Current Membership:</u> The member States of ECOWAS are include Benin, Burkina Faso, Cape Verde, Côte d'Ivoire, The Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo. Most of these countries are French speaking countries with few being an English speaking country.

• <u>Goals:</u> The primary purpose of ECOWAS is to promote economic trade, national cooperation, and monetary union, for growth and development throughout West Africa. And, also, improve the living standards of its peoples, to maintain and enhance economic stability.

• <u>Achievements:</u> Some of the achievements of ECOWAS include the resolution of the civil war conflict in Liberia, the unified international examination taken by high school student (WASSCE by WAEC body), free movement within each individual countries easily without visa, bilateral trade agreement within countries (for example supply of electricity to Togo, Benin by Nigeria) etc.

• <u>Challenges:</u> Some of the challenges include the lack of political will be engage in more bilateral trade, issues of establishment of Eco currency similar to Euro, issues on balanced trade between countries. And, also, challenges on language barriers among countries and citizens of the various countries.

• <u>Conclusion:</u> As a regional power bloc, there is prospect of it emerging as a strong economic bloc in the African continent. The countries should simply try and sort out the challenges among them as well work towards the establishment and use of single currency in the region.

Explanation:

You might be interested in
If you borrowed $5,000 for four years, that would be a ______
mart [117]
It would be a loan. You have to pay it back but it will eaqual up to 20k :)
3 0
3 years ago
Read 2 more answers
these are materials found in nature that are used in the production of goods and services and that are replenished on a cosisten
AleksAgata [21]

Answer:

Renewable Resources

Explanation:

4 0
3 years ago
Read 2 more answers
In order to strengthen its economy, the Saudi government has been pursuing economic policy goals encouraging
ddd [48]
The correct answer is B
6 0
2 years ago
There was a heavy thunderstorm, the wind snorted outside, rattling my windowpanes. What is the personification?​
mylen [45]

Answer:

pretty sure it's snorted

Explanation:

5 0
3 years ago
Read 2 more answers
Finn chooses to enter relationships only with people who share his interests in sports and work. whenever he finds himself havin
NemiM [27]

Finn display “individualism”

Individualists prefer staying in the circle of their common interest, they choose independence over interdependence and this is high on their priority list. Individualists also leave a relation or friendship when they feel like the relation is not generating enough benefit or is no more mutually satisfying.

5 0
3 years ago
Other questions:
  • Americans ______.
    8·1 answer
  • Which items can be considered human geography? Check all that apply.
    11·2 answers
  • The short-run fluctuations in economic activity that can cause output to be above or below the long-run trend are called:
    10·1 answer
  • It has been proposed that a government agency be charged with the task of determining the amount of pollution that the atmospher
    5·1 answer
  • HURRYYYYY TIMER !!Which phrases describe the formation of the Hawaiian Islands ? Check all That Apply
    15·1 answer
  • In a survey of 1020 adults in the United States, 44% said that they wash their hands after riding public transportation (based o
    15·1 answer
  • Sparta used ______________ to control its citizens.
    10·2 answers
  • What were the three most important factors for deciding where to live along the Nile River
    12·1 answer
  • What was the goal of Sparta's educational system for boys?
    10·1 answer
  • What are the seven habits of highly effective people
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!