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Friday, 13 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1471:
(a) State five functions of a chamber of commerce.
(b) Explain five functions of a trade association.
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    Question 1472:
    Which of the following was not used as a medium of exchange by the early Europeans that came to West Africa?
    • A Pounds and shillings
    • B Copper manillas
    • C Iron bars
    • D Cowries
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    Question 1473:
    Which of the following was not used as a medium of exchange by the early Europeans that came to West Africa?
    • A Pounds and shillings
    • B Copper manillas
    • C Iron bars
    • D Cowries
    View Answer & Explanation
    Question 1474:
    The ancillary to trade which ensures that people gain access to facts pertaining to goods is
    • A Insurance
    • B Advertising
    • C Warehousing
    • D Banking
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    Question 1475:
    Which of the following is classified as an extractive industry ?
    • A Digging for minerals
    • B Digging for roads building
    • C Canning of Tomatoe puree
    • D Assembling of cars
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