Which of the following arguments are in favour of establishing ECOWAS? I. The countries concerned would be able to expand market beyound their territorial boundaries.
II. Currency union is the final objective of member countries
III. Capital movement is not allowed across the boundaries
IV. Free movement across the borders of members would be allowed.

A. I, II & III only
B. II & IV only
C. I, II & IV only  
D. II & III only
E. I & III only

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Correct Answer: C