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Commerce Past Questions and Answers

Commerce Questions

Question 3691:
Which of the following activities is not an example of the extractive industry?
  • A Weaving
  • B Quarrying
  • C Hunting
  • D Fishing
View Answer & Explanation
Question 3692:
The factor of production which bear all the risk of the business is?
  • A Capital
  • B Entrepreneurship
  • C Labour
  • D Land
View Answer & Explanation
Question 3693:
production is complete when product reach the?
  • A Warehouses
  • B Users
  • C Retailers
  • D Shops
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Question 3694:
The difference between a country`s imports and exports of goods in a particular year is?
  • A Terms of trade
  • B Terms of payment
  • C Balance of payment
  • D Balance of trade
View Answer & Explanation
Question 3695:
Goods brought into the country for sale are the country`s?
  • A Invisible imports
  • B Invisible exports
  • C Visible imports
  • D Visible exports
View Answer & Explanation