Jamb Commerce 2010 Past Questions and Answers

Question 16:

• JAMB 2010

Entrepot trade usually occurs in?

A. Exchanging goods within a nation
B. Exchanging goods among countries
C. Importing goods to be re-exproted
D. Exproting goods to be re-imported

Question 17:

• JAMB 2010

The document issued to a port authority when goods are deposited is a?

A. Dock landing account
B. Bill of sight
C. Bill of lading
D. Dock warrant

Question 18:

• JAMB 2010

The details of the goods require by the the purchaser is outlined in?

A. A consular invoice
B. An indent
C. An invoice
D. A certificateof orign

Question 19:

• JAMB 2010

Selling goods in foreign countries at price below their marginal cost is?

A. Dumping
B. Depreciation
C. Devaluation
D. Discounting

Question 20:

• JAMB 2010

A process of creating more market for a product is through?

A. Consumerism
B. Marketing
C. Advertising
D. Reponsitioning