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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 1351:

A manufacturer of goods that are seasonally will be in dire need of a?

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A Wealthy customer
B Suitable means of transport
C Warehouse
D Large shop frontage

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Question 1352:

Which of the following is a feature peculiar to multiple shops?

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A Central location
B Self service
C Central buying
D One stop shopping

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Question 1353:

Which of the following is a feature peculiar to multiple shops?

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A Central location
B Self service
C Central buying
D One stop shopping

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Question 1354:

Terms of trade is the?

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A Rate at which the central bank discounts first class bills
B Rate at which a country's exports exchange for its imports
C Expected rate of returns on an investment
D Rate of payment for goods and services purchased

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Question 1355:

Which of the following encourages trade between regions?

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A Differences in currencies of countries
B Difference in national income of countries
C Existence of trade associations
D Differences in natural resources

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