Trade - Jamb Commerce Past Questions and Answers

Question 46:

• JAMB 1999

(i)Foreign investment (ii)Long term lending (iii) Short-term borrowing. Which combination of the above include capital account in international trade?

A. I, iii, and iv
B. Ii, iii and iv
C. Ii and iv
D. I and ii

Question 47:

• JAMB 1999

Which of the following group of countries are members of the Niger Basin Commission?

A. The republic of Guinea, Burkina Faso and Nigeria
B. Ghana, liberia, and the republic of Benin
C. Mali, Liberia and Nigeria
D. Ghana , Burkina Faso and Chad

Question 48:

• JAMB 2000

The main factors militating against the rapid growth of trade in Nigeria are?

A. Inadequate transportation network and huge capital outlay
B. Lack of motivation and government attitude towards trade
C. Lacks of good transportation network and insecurity of investment
D. Huge capital outlay and government attitude to trade

Question 49:

• JAMB 2000

The current trend in retailing competition in Nigeria are?

A. Advertising and sales promotion strategies
B. Branding, enterprising and diffrentiation of goods and services
C. Self-service, after-sales service and services and branding strategies
D. After-sales services and sales promotion strategies

Question 50:

• JAMB 2000

The function of a merchant wholesaler is to

A. Buy in bulk, store and sell to retailerss as desired
B. Posses title to the goods, store and sale to retailers
C. Bring buyers and sellers together
D. Find markets for producers' finished goods