Post Utme Commerce Questions
Question 151:
A major advantage of home trade is:
- A Absence of exchange rate problems
- B Wider international market
- C Use of multiple currencies
- D International competition
View Answer & ExplanationQuestion 152:
One major feature of trade associations is that members usually:
- A Eliminate product competition fully
- B Operate within similar industries
- C Reduce business cooperation levels
- D Prevent industrial development
View Answer & ExplanationQuestion 153:
The Nigerian Association of Chambers of Commerce mainly serves to:
- A Eliminate industrial production systems
- B Reduce market cooperation efforts
- C Prevent business communication
- D Coordinate commercial interests nationally
View Answer & Explanation