Comment: The single West African currency, ECO, will reduce transaction costs. Businesses wouldn’t need to exchange currencies for cross-border trade, saving time and money. My Response: Between currency transaction and transportation distribution costs, the currency cost is insignificant. The currency transaction cost of importing a container from China to Lagos port is insignificant compared to … Continue reading West African currency, ECO, will Not Improve Intra-Trade in West Africa Without Foundational Infrastructures