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Commerce Past Questions


Question 626:


Organizing trade fairs in Nigeria is the responsibility of?

A. National Directorate of Employment
B. Federal Ministry of Commerce
C. Trade association
D. Chambers of commerce


Question 627:


International trade takes place as a result of?

A. Uniformity in costs of production
B. Inequitable distribution of natural resources
C. Parity in the level of industrialization
D. Similarities in climate conditions


Question 628:


The use of vending machines in retailing is hindered in a developing economy owing to?

A. Poor distribution network
B. Low level of education
C. Inffective communication system
D. Lack os steady power supply


Question 629:


Manufacturers' Association of Nigeria contributes to development by advising the government on?

A. Industrial policy and harmony
B. Budget and budgetary control
C. Budget and industrial control
D. Environmental protection policy


Question 630:


Discounts offered by firms to middlemen for bulk purchases are?

A. Trade discounts
B. Sales bonanza
C. Cash discounts
D. Seasonal discount






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