Post Utme Economics Questions
Question 196:
Which of the following will ensure efficiency in the industrial sector for your country?
- A Indigenization
- B Privatization
- C Nationalization
- D Liquidation
View Answer & ExplanationQuestion 197:
Which of the following is not a direct effort to increase agricultural production?
- A Operation feed the nation
- B Use of improved seedlings
- C Increased loans to farmers and co-operative societies
- D National Youth Service Corps
View Answer & ExplanationQuestion 198:
The act of selling goods in foreign markets at prices below those charged at home markets is called ____________
- A Exchange
- B Specialization
- C Dumping
- D Exporting
View Answer & ExplanationQuestion 199:
One disadvantage of direct taxes is that ____________
- A Government’s revenue is reduced
- B Price of essential commodities fall
- C People are discouraged from additional work
- D Firms make more profit
View Answer & ExplanationQuestion 200:
Trade among West African countries is poor because the ____________
- A Countries are self-sufficient
- B Communication links are weak
- C Number of banks is insufficient
- D People are not enterprising
View Answer & Explanation