Trade - Jamb Commerce Past Questions and Answers

Question 96:

• JAMB 2010

A trend in retailing which enables consumers to have free access to different products is?

A. After-sales services
B. Branding
C. Self-services
D. Vending machine

Question 97:

• JAMB 2010

The activity which entails buying of goods in bulk and selling in small quantities to retailers is?

A. Assembling
B. Wholesaling
C. Retailing
D. Merchandising

Question 98:

• JAMB 2010

The comparison of a country's visible and invisible exports and imports expressed in monetary term is?

A. Balance of payment
B. Terms of trade
C. Balance of trade
D. Terms of payment

Question 99:

• 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 100:

• 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