Commerce 1990 Waec Past Questions and Answers

Question 36 :

• WAEC 1990

Which of following could account for a favourable balance of payment?

A. High capital repayments
B. High debt service repayment
C. Higher imports than exports
D. Higher expert than imports
E. Higher public spending

Question 37 :

• WAEC 1990

Which of the following is not part of the facilities provided by the Nigerian Ports Authority?

A. Dredging
B. Warehousing
C. Collection of customs duties
D. Loading and off-loading of cargoes
E. Off-loading of cargoes

Question 38 :

• WAEC 1990

The main purpose of branding is to?

A. Increase the quantity of goods demanded
B. Differentiate goods from other similar goods made by other producers
C. Increase the selling price of goods
D. Enhance turnover of goods
E. Introduce the product to the customers

Question 39 :

• WAEC 1990

An individual who makes the final use of goods and services provided by a firm is the?

A. Manufacturer
B. Wholesaler
C. Consumer
D. Retailer
E. Trader

Question 40 :

• WAEC 1990

The organization of Petroleum Exporting Countries(OPEC) is an example of a?

A. Cartel
B. Trust
C. Holding company
D. Consortium
E. Chamber of commerce