- The state of existing or being; actual possession of
being; continuance in being; as, the existence of body and of soul in
union; the separate existence of the soul; immortal existence. - Continued or repeated manifestation; occurrence, as of
events of any kind; as, the existence of a calamity or of a state of
war. - That which exists; a being; a creature; an entity; as,
living existences.
Reasons for Existence of Clearing Union Among the basic reasons for the formation of a clearing union, the following can be mentioned:
i) Exports and imports among members can expand relatively faster because of ...