Trade - Jamb Commerce Past Questions and Answers

Question 141:

• JAMB 2018

one of the obstacles to achieving the objectives of ECOWAS is?

A. Lack of a common currency
B. Colonial linkages
C. Sovereignty of state
D. Language difference

Question 142:

• JAMB 2019

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 143:

• JAMB 2019

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 144:

• JAMB 2019

The factors to be considered in setting up retail trade include all except_____

A. Capital
B. Experience
C. Location
D. Age

Question 145:

• JAMB 2019

The headquarters of Niger Basin Commission is located at________

A. Abuja
B. Niamey
C. Lome
D. Nojamena