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Jamb Commerce Past QuestionsQuestion 1396: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 1397: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 1398: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 Question 1399:One of these is not a factor affecting prices of securities? A. The Forces of demand and supply B. Activities of speculators C. Political situation of a country D. Financial statements of the company Question 1400:A commission charged on postal order is__________ A. Postal zero B. Postal orders C. Poundage D. Brokage |
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