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Wednesday, 08 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 3326:
Ad valorem duties are based on the
  • A Importance of the goods imported
  • B Value of the goods imported
  • C Weight of the goods imported
  • D Nature of the goods imported
View Answer & Explanation
Question 3327:
A tariff refers to
  • A Fees imposed on contraband goods
  • B Fees paid on exports
  • C Taxes imposed on imported goods
  • D Taxes paid on home-made goods
View Answer & Explanation
Question 3328:
The selling of goods in small units is normally performed by
  • A Chambers of commerce
  • B Wholesalers
  • C Distributors
  • D Retailers
View Answer & Explanation
Question 3329:
Direct sales to consumers by manufacturers is a means of eliminating
  • A Wholesalers only
  • B Retailers only
  • C Middlemen
  • D Agents
View Answer & Explanation
Question 3330:
A physical restriction placed on the quantity of goods that can be imported is
  • A A ban
  • B A quota
  • C An excise duty
  • D An import tax
View Answer & Explanation