Economic Grouping

Commerce SSS3 First Term

WEEK  10

Economic Grouping

Performance Objectives

The student should be able to:

     1. Explain economic grouping.

     2. State their objectives and achievements.    

Content

Meaning of Economic Grouping

Economic grouping may be defined as the coming together of different countries with a common economic interest and goals with a view to promoting economic cooperation and development among member States. It also protects and promotes the economic and business interest of members as well as stimulating the socio-economic cum cultural development and cooperation among members. In the West African sub-region, some of the economic groupings in existence include Economic Community of West African States, The Lake Chad Basin Commission, Niger Basin Commission West African Clearing House etc.  

View More

Subscribe now to gain full access to this lesson note

Take Me There

Click here to gain access to the full notes.