JAMB Economics Past Questions & Answers - Page 315

One of the gains by member states of the Economic Community of West Africa is

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.

The Nigerian Trust Fund is managed on behalf of Nigeria by the

When a foreigner on a visit to Nigeria pays for hotel accommodation and meals with some foreign currency, the amount paid should be recorded in Nigeria's balance of payment as an item of

Below equilibrium, the gap between aggregate demand and the full employment level of income is called the