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Which of the following are the advantages of Nigeria’s membership of ECOWAS? i A greater…

Which of the following are the advantages of Nigeria’s membership of ECOWAS? i A greater opportunity for trade according to comparative cost advantage.
ii A large market industries producing under condition of decreasing cost.
iii Competition for home based monopoly firms
  • A.
    i and ii only
  • B.
    i and iii only
  • C.
    ii and iii only
  • D.
    i,ii and iii
Correct Answer: Option A
Explanation