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Tuesday, 26 November 2024

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Commerce Past Questions


Question 431:


One of the function of the Niger Basin Commission is to

A. Ensure equal treatment of African nations
B. A. Foster closer co-operation among West African nations
C. A. Map out regulation that will guide all navigation for all West African nations
D. Guarantee freedom of navigation for all West African nations


Question 432:


The pivot on the wheel of commerce rotates is

A. Tariff
B. Trade
C. Taxation
D. Price


Question 433:


The pivot on the wheel of commerce rotates is

A. Tariff
B. Trade
C. Taxation
D. Price


Question 434:


A distinguishing characteristic of labour is that it is

A. Constant
B. Expensive
C. Mobile
D. Cost


Question 435:


Land as a factor of production does not vary in?

A. Quantity
B. Nature
C. Quality
D. Cost






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