Give reasons for the high volume of trade between Nigeria and Japan
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
Correct Answer: Option n
Explanation:
(a) Reasons for high volume of trade between Nigeria and Japan include
(i) Goods produced by both countries ar different hence the increase in the volume of trade
(ii) Differences in climatic conditions create the conditions necessary for the production of different agricultural goods
(iii) Differences in the level of technology
(iv) Increase foreign exchange earnings
(v) Increase in the prices of goods offered for sale.
(a) Reasons for high volume of trade between Nigeria and Japan include
(i) Goods produced by both countries ar different hence the increase in the volume of trade
(ii) Differences in climatic conditions create the conditions necessary for the production of different agricultural goods
(iii) Differences in the level of technology
(iv) Increase foreign exchange earnings
(v) Increase in the prices of goods offered for sale.