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Saturday, 14 November 2026
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Commerce Past Questions and Answers

Waec Commerce Questions

Question 2201:
production is complete when product reach the?
  • A Warehouses
  • B Users
  • C Retailers
  • D Shops
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Question 2202:
The difference between a country`s imports and exports of goods in a particular year is?
  • A Terms of trade
  • B Terms of payment
  • C Balance of payment
  • D Balance of trade
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Question 2203:
Goods brought into the country for sale are the country`s?
  • A Invisible imports
  • B Invisible exports
  • C Visible imports
  • D Visible exports
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Question 2204:
A feature of supermarkets which distinguishes it from other large scale retail outlets is that items sold are?
  • A Mainly household goods
  • B Mainly industrial goods
  • C Delivered by post
  • D One line of products
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Question 2205:
One advantage of small scale retail outlet is?
  • A Availability of self service facilities
  • B Ability to buy in bulk
  • C Easy access to large amount of capital
  • D Personal attention to customers
View Answer & Explanation