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Commerce Past Questions and Answers

Neco Commerce Questions

Question 171:

Sea transport is unsuitable for the movement of ____________

SchoolNGR Classroom

A Antiquities
B Coal
C Fertilizer
D Planks
E Vegetables

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Question 172:

Which of the following gives Nigerian’s the opportunity to take active part in industry and commerce?

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A Commercialization
B Consumerism
C Indigenization
D Nationalization
E Privatization

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Question 173:

The coming together of two or more companies to form one big viable company is known as ____________

SchoolNGR Classroom

A Association
B Cartel
C Joining
D Merging
E Trust

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Question 174:

Commerce refers to ____________

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A Buying and selling of goods at home
B Buying and selling of goods and services at home
C Importation and exportation of goods
D Importation and exportation of goods and services
E Trade and all of services which assist trade

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Question 175:

Which of the following does not relate to foreign trade?

SchoolNGR Classroom

A Certificate of origin
B Chartered party
C Dumping
D Export duties
E Export license

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