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Commerce Past Questions and Answers

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 & Explanation
Question 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 & Explanation
Question 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