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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 1:
The type of labour that makes use of physical effort in production processes is the
  • A Unskilled labour
  • B Skilled labour
  • C Blue-collar job
  • D White-collar job
View Answer & Explanation
Question 2:
The type of labour that makes use of physical effort in production processes is the
  • A Unskilled labour
  • B Skilled labour
  • C Blue-collar job
  • D White-collar job
View Answer & Explanation
Question 3:
The assembling of products into usable forms is known as
  • A Creation
  • B Manufacturing
  • C Construction
  • D Formation
View Answer & Explanation
Question 4:
The final link in the chain of distribution is
  • A Middlemen
  • B Whole saling
  • C Consumer
  • D Retailing
View Answer & Explanation
Question 5:
A country is said to be experiencing an unfavorable balance of trade if her
  • A Exports exceed imports
  • B Visible exports exceed visible imports
  • C Imports and exports are equal
  • D Visible imports exceed visible exports
View Answer & Explanation