Trade - Jamb Commerce Past Questions and Answers

Question 36:

• JAMB 1997

Stevedores as a term in foreign trade means men who

A. Inspect goods in ships
B. Import goods by ships
C. Collect duties in ships
D. Load and unload ships

Question 37:

• JAMB 1997

The cost that raises from failure to load or unload a ship at the port within a stipulated period is known as

A. Excess charges
B. Demurrage charges
C. Permium charges
D. Trade charges

Question 38:

• JAMB 1998

A machine which enable s sales without the physical presence of a sales attendant is a

A. Computer machine
B. Vending machine
C. Telex machine
D. Fax machine

Question 39:

• JAMB 1998

What document is required when a country imposes ad valorem import duties on goods?

A. A mail transfer
B. A shipping note
C. A billb of lading
D. A consular invoice

Question 40:

• JAMB 1998

Enter pot trade is said to have taken place when goods are?

A. Held at the port payment of custom duty
B. Sold in the ship under special regulation
C. Imported and then re-export
D. Kept for further processing before sales