Which of These Is the Most Advanced and Viable of Africa's

question 57

Multiple Choice

Which of these is the most advanced and viable of Africa's regional organizations?

• A) Economic Community of West African States
• B) African Development Bank
• C) Southern African Development Community
• D) Organization of African Unity
• E) Economic Community of Central African States

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Definitions:

Systematic Risk

The unavoidable risk associated with the whole market or a segment of it, referred to as market risk, that diversification cannot mitigate.

Chen, Roll, Ross

Refers to a model or theory in financial economics developed by the researchers Chen, Roll, and Ross, typically associated with their work on the arbitrage pricing theory or factor models.

Multifactor Models

Financial models that evaluate assets by taking into account multiple economic and statistical factors to explain market phenomena and asset returns.

Risk-free Rate

The anticipated earnings on an investment considered free from financial risk, usually related to sovereign bonds.