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Commerce Past Questions


Question 3971:


Sea transport is unsuitable for the movement of ____________

A. Antiquities
B. Coal
C. Fertilizer
D. Planks
E. Vegetables


Question 3972:


Which of the following gives Nigerian’s the opportunity to take active part in industry and commerce?

A. Commercialization
B. Consumerism
C. Indigenization
D. Nationalization
E. Privatization


Question 3973:


The coming together of two or more companies to form one big viable company is known as ____________

A. Association
B. Cartel
C. Joining
D. Merging
E. Trust


Question 3974:


Commerce refers to ____________

A. Buying and selling of goods at home
B. Buying and selling of goods and services at home
C. Importation and exportation of goods
D. Importation and exportation of goods and services
E. Trade and all of services which assist trade


Question 3975:


Which of the following does not relate to foreign trade?

A. Certificate of origin
B. Chartered party
C. Dumping
D. Export duties
E. Export license






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