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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 136:

Which of following could account for a favourable balance of payment?

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A High capital repayments
B High debt service repayment
C Higher imports than exports
D Higher expert than imports
E Higher public spending

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Question 137:

Which of the following is not part of the facilities provided by the Nigerian Ports Authority?

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A Dredging
B Warehousing
C Collection of customs duties
D Loading and off-loading of cargoes
E Off-loading of cargoes

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Question 138:

The main purpose of branding is to?

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A Increase the quantity of goods demanded
B Differentiate goods from other similar goods made by other producers
C Increase the selling price of goods
D Enhance turnover of goods
E Introduce the product to the customers

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Question 139:

An individual who makes the final use of goods and services provided by a firm is the?

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A Manufacturer
B Wholesaler
C Consumer
D Retailer
E Trader

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Question 140:

The organization of Petroleum Exporting Countries(OPEC) is an example of a?

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A Cartel
B Trust
C Holding company
D Consortium
E Chamber of commerce

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