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Jamb Commerce Past QuestionsQuestion 71:An example of vertical integration is___________ A. Trust B. Cartel C. Merger D. Price Ring Question 72:A company which another company is a member and control the board of directors or hold more than half of its equity is termed_______ A. Subsidiary B. Syndicate C. Holding Company D. Parent company Question 73:The theory of International trade is based on_________ A. Principles of management B. Principles of comparative cost C. Principle of double entry D. Theory of migration Question 74:A fall in the value of a country's currency vis-a-vis other currencies is known as__________ A. Depreciation B. Reduction C. Devaluation D. Exchange rate Question 75:A market is said to be bullish if_________ A. There is a fail in prices of Securities B. There is a rise in prices of Securities C. There is a rise above the offer prices D. The speculator fails to deliver stock to the buyer |
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