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Monday, 13 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 2086:
The difference between the total amount of money received by a country and the total amount paid to other countries within a given period is the
  • A Trade gap
  • B Balance of trade
  • C Balance of payments
  • D Current account balance
  • E Terms of trade
View Answer & Explanation
Question 2087:
Which of the following is used to transmit typed messages over long distances?
  • A Dictaphone
  • B Teleprinter
  • C Computer
  • D Telephone
  • E Radio
View Answer & Explanation
Question 2088:
When a company buys up firms supplying it with raw materials, this is an example of
  • A Horizontal integration
  • B A holding company
  • C Backward integration
  • D Consortium
  • E Lateral merger
View Answer & Explanation
Question 2089:
Industrial, commercial and direct services are branches of
  • A Manufacturing
  • B Occupation
  • C Exchange
  • D Distribution
  • E Specialization
View Answer & Explanation
Question 2090:
The primary purpose of credit cards is to
  • A Obtain goods without paying cash on the spot
  • B Obtain a loan from the bank
  • C Obtain a loan from a trader
  • D Persuade a business man to cash a cheque
  • E Provide a means of identifyng the holder
View Answer & Explanation