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Wednesday, 11 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 191:
Which of the following arguments are in favour of establishing ECOWAS? I. The countries concerned would be able to expand market beyound their territorial boundaries.
II. Currency union is the final objective of member countries
III. Capital movement is not allowed across the boundaries
IV. Free movement across the borders of members would be allowed.
  • A I, II & III only
  • B II & IV only
  • C I, II & IV only
  • D II & III only
  • E I & III only
View Answer & Explanation
Question 192:
Which of the following countries is not a member of ECOWAS?
  • A Nigeria
  • B Gambia
  • C Sierra-Leone
  • D Ghana
  • E Cameroun
View Answer & Explanation
Question 193:
The major dealers on stock exchange market are the?
  • A Authorized clerks
  • B Jobbers
  • C Investors
  • D Brokers
  • E Underwriters
View Answer & Explanation
Question 194:
The selection and promotion of staff in an organization is the function of the?
  • A Marketing department
  • B Finance department
  • C Personnel department
  • D Production department
  • E Public relations department
View Answer & Explanation
Question 195:
A trade document signed by a representative of the country to which goods are being sent is called?
  • A Export invoice
  • B Consignment note
  • C Certificate of origin
  • D Pro-forma invoice
  • E Consular invoice
View Answer & Explanation