Jamb Economics 2019 Past Questions and Answers

Question 51:

• JAMB 2019

From table, how many people scores above 6?

A. 25
B. 24
C. 5
D. 30

Question 52:

• JAMB 2019

The following are types of capital except:___________

A. Current capital
B. Saving capital
C. Working capital
D. Social capital

Question 53:

• JAMB 2019

Import duty and tariffs is an instrument used for international trade restriction and so is __________?

A. Preferential duties
B. Preferential treatment
C. Entreport
D. Trade license

Question 54:

• JAMB 2019

Given the table, if the total budget of the country to be 100 million naira, what is the ratio of expenditure on manufacturing to agriculture?

A. 1:2
B. 3:2
C. 2:1
D. 2:3

Question 55:

• JAMB 2019

The policy by which government encourages producers of export goods to produce and export more in order to earn more foreign exchange is called__________

A. Sales promotion
B. Term of trade
C. Export promotion
D. International trade