Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: West African Economic and Monetary Union | Statement: [West Africa, hasCurrencyUnion, West African Economic and Monetary Union]

Target entity: West African Economic and Monetary Union
Context triple: [West Africa, hasCurrencyUnion, West African Economic and Monetary Union]

• A. African Monetary Union
  The African Monetary Union is a proposed initiative to create a single continental currency and unified monetary policy for member states of the African Union.
• B. Economic Community of Central African States
  The Economic Community of Central African States is a regional organization that promotes economic integration, political cooperation, and peace and security among Central African countries.
• C. ECOWAS chosen
  ECOWAS is a regional political and economic union of West African countries that promotes economic integration, peace, and development across the region.
• D. Common Market for Eastern and Southern Africa
  The Common Market for Eastern and Southern Africa (COMESA) is a regional economic bloc of African states focused on promoting trade integration, economic cooperation, and development across Eastern and Southern Africa.
• E. East African Community
  The East African Community is a regional intergovernmental organization of several East African countries that promotes economic integration, political cooperation, and social development across the region.
• F. None of above.
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Target predicate: hasCurrencyUnion
Context triple: [West Africa, hasCurrencyUnion, West African Economic and Monetary Union]

• A. formerCurrencyUnion
  Indicates that two or more entities were once part of the same currency union, but that monetary union has since been dissolved.
• B. hasCustomsUnion
  Indicates that two or more entities participate in a customs union, sharing a common external tariff and removing customs duties between them.
• C. establishedCustomsUnion
  Indicates that one entity has created or formally instituted a customs union agreement with another entity, eliminating internal tariffs and adopting common external trade policies.
• D. wasUnifiedWith
  Indicates that two or more previously separate entities were brought together to form a single unified whole.
• E. usesExchangeRateRegime
  Indicates that one entity adopts or operates under a particular exchange rate regime in conducting its currency or monetary arrangements.
• F. None of above. chosen