Read the passage below carefully:
The West African Examinations Council (WAEC) was established in 1952 following the adoption of the Jeffery Report of 1950. Dr. G.B. Jeffery, Director of the Institute of Education at the University of London, visited West Africa in 1949 to study the examination requirements of the region. His recommendations led to the creation of a unified examining board for four British Commonwealth territories: Nigeria, the Gold Coast (now Ghana), Sierra Leone, and the Gambia. Liberia subsequently joined the council in 1974. Headquartered in Accra, Ghana, WAEC was mandated to conduct examinations in the public interest and award certificates comparable to those of international examining bodies.
Based on the passage above, evaluate whether the following statement is True or False:
Liberia was one of the founding member territories that established the West African Examinations Council in 1952.
Answer: Answer