State five reasons why the common market for eastern and southern Africa ( COMESA) was formed

      

State five reasons why the common market for eastern and southern Africa ( COMESA) was formed

  

Answers


Kavungya
- To encourage member countries to reduce duties charged on good
entering their countries from COMESA member states
- To promote trade among member states
- To acquire greater economic strength/ higher bargaining power
with other trading blocs of the world
- To establish a larger market for the goods produced in the region
- To remove trade barriers among member state/ create similar trade laws
- To create regional specialization in order to improve the quality of goods
- To create political cooperation among member states
- To create monetary and financial co- operation among members
states
Kavungya answered the question on June 26, 2019 at 12:11


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