Post Utme Commerce Questions
Question 146:
Favourable terms of trade may result from:
- A Fall in export earnings
- B Excessive importation
- C Increase in import prices
- D Increase in export prices
Question 147:
Chambers of commerce contribute to foreign trade mainly through:
- A Promotion of international business links
- B Elimination of export opportunities
- C Prevention of commercial exhibitions
- D Reduction of market accessibility
Question 148:
Visible and invisible transactions are mainly recorded in:
- A Terms of trade
- B Balance of trade
- C Exchange control
- D Balance of payment
Question 149:
Imported electronics are examples of:
- A Shipping services
- B Visible imports
- C Tourism services
- D Banking services
Question 150:
The Lagos Chamber of Commerce and Industry mainly promotes:
- A Prevention of market expansion
- B Reduction of export activities
- C Commerce and industrial growth
- D Elimination of business competition