Commerce Past QuestionsQuestion 4201:Which of the following is NOT an advantage derived from working for a large establishment? A. More fringe establishment B. Greater specialization is possible C. A tall career ladder D. Greater job security Question 4202:The sale- of foreign investment and gold reserve can be used to ____________ A. Correct a budget deficit B. Increase invisible imports C. Correct adverse balance of payments D. Correct adverse balance of trade Question 4203:The difference between personal selling and sales promotion is that while sales promotion includes free gifts and samples, personal selling involves ____________ A. Distribution of instruction posters B. Face - to face communication with customers C. Premium programming for customers D. Publishing promotional booklets Question 4204:Commercialization of government corporations brings about an increase in the level of ____________ A. Money supply in the economy B. Distrust among business operators C. Competition among business operators D. Social responsibility Question 4205:In international trade, exchanging goods for other goods and services purchased instead of paying in foreign currency is known as ____________ A. Countertrade B. Balance of trade C. Balance of payments D. Terms of trade |
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