The West African Clearing House(WACH)was established to

The West African Clearing House(WACH)was established to

  • A.
    dredge the rivers in West Africa for easy navigation
  • B.
    expand the volume of traffic within member countries
  • C.
    cordinate the efforts to member states to tap their natural resources
  • D.
    promote the use of currencies of all members for inter regional trade
Correct Answer: Option D
Explanation

One of the major aims for the establishment of the West African Clearing House is to promote the use of members’ currencies for sub-regional trade and other transactions, bringing about savings in the use of members’ foreign reserves.

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