Post Utme Commerce Questions
Question 121:
Exported rubber is classified as:
- A Insurance services
- B Tourism services
- C Visible exports
- D Banking services
View Answer & ExplanationQuestion 122:
Airline services belong to:
- A Exported timber
- B Imported machinery
- C Invisible trade
- D Exported rice
View Answer & ExplanationQuestion 123:
A feature not associated with foreign trade is:
- A International regulations
- B Same legal system
- C Exchange rate conversion
- D Different currencies
View Answer & ExplanationQuestion 124:
One major advantage of belonging to manufacturers’ associations is:
- A Prevention of production cooperation
- B Reduction of technological awareness
- C Elimination of industrial regulations
- D Collective representation before government
View Answer & ExplanationQuestion 125:
Manufacturers’ associations help improve industries mainly through:
- A Elimination of product quality
- B Promotion of standard practices
- C Reduction of industrial efficiency
- D Prevention of technological progress
View Answer & Explanation