Explain four benefits which the member states of ECOWAS have derived from the creation of the trading bloc.

      

Explain four benefits which the member states of ECOWAS have derived from the creation of the trading bloc.

  

Answers


Kavungya
- The volume of trade has been boosted as a result of an expanded in the
region.
- More transport facilities have been constructed to link the member states
of the Cooperation.
- The removal of trade barriers has extended the market for the finished
products/secured the market for the member states
- The transfer of technology/capital within the trading area has been
enhanced.
- The transfer of technology/capital within the trading area has been
enhanced
- Cooperation in other fields such as education/health/and communication
has been enhanced.
- The reduction in other fields such as education/health/communication has
been enhanced.
- Cooperation in other fields such as education/health/communication has
been enhanced.
- The reduction in hostilities between members’ countries has enhanced
peace resulting in rapid economic development.
Kavungya answered the question on June 26, 2019 at 06:23


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