Search SchoolNGR

Commerce Past Questions and Answers

Jamb Commerce Questions

Question 6:

Trading position of Nigeria is the same as her

SchoolNGR Classroom

A Desire to trade with many countries
B Willingness to grant credit to foreigners
C Balance of trade
D Terms of trade

View Answer & Explanation

Question 7:

The role of customs and exercise authority includes the

SchoolNGR Classroom

A Provision of a good transport system to facilitate imports and exports
B Provision of security at the port
C Control of the flow of goods in and out of the country
D Provision of dockyards for ship repairs

View Answer & Explanation

Question 8:

The document lodged with the customs authorities before a ship can leave the port is a

SchoolNGR Classroom

A Shipping note
B Ship report
C Ship manifest
D Dock warrant

View Answer & Explanation

Question 9:

The document which must be endorsed by the ambassador of a country of destination before shipment of goods is a

SchoolNGR Classroom

A Consular invoice
B Certificate of origin
C Bill of lading
D Close indent

View Answer & Explanation

Question 10:

A country's terms of trade are said to improve when the ratio of her export

SchoolNGR Classroom

A Decreases
B Remains constant
C Increases
D Equals import

View Answer & Explanation

Stay Updated

Follow us on:

Subjects