Post Utme Commerce Questions
Question 141:
Import trade can be reduced through:
- A Excessive foreign spending
- B Decline in local production
- C Growth of local industries
- D Increase in foreign dependence
View Answer & ExplanationQuestion 142:
Chambers of commerce often advise governments on:
- A Elimination of industrial production
- B Reduction of export opportunities
- C Prevention of market growth
- D Economic and trade policies
View Answer & ExplanationQuestion 143:
Manufacturers’ associations help reduce industrial disputes mainly through:
- A Reduction of business communication
- B Dialogue and collective negotiation
- C Elimination of worker participation
- D Prevention of industrial policies
View Answer & ExplanationQuestion 144:
Trade associations may discipline members who:
- A Violate industry regulations repeatedly
- B Support ethical commercial conduct
- C Encourage business cooperation
- D Improve product quality standards
View Answer & ExplanationQuestion 145:
One reason chambers of commerce advise governments is to:
- A Improve commercial policy decisions
- B Eliminate market competition fully
- C Prevent international trade growth
- D Reduce industrial productivity levels
View Answer & Explanation