Waec Commerce 1998 Past Questions and Answers

Question 66:

• WAEC 1998

Which of the following specializes in granting loans to distressed economies?

A. UNESCO
B. ECA
C. IMF
D. IBRD
E. UNDP

Question 67:

• WAEC 1998

Which of the following is not a problem of ECOWAS?

A. Different levels of economic development in member countries
B. Transportation and communication links
C. Different economic policies member countries
D. Diversified economy for West Africa
E. Use of different currencies

Question 68:

• WAEC 1998

Which of the following facilitates settlement for sub-regional indebtedness?

A. Niger Basin Commission(NBC)
B. Lake Chad Basin Commission (LCBC)
C. The West African Clearing House
D. Economic Community Of West African States (ECOWAS)
E. International Monetary Fund (IMF)

Question 69:

• WAEC 1998

Which of the following is not an economic grouping?

A. International Bank for Reconstructing And Development (IBRD)
B. Lake Chad Basin Commission (LCBC)
C. United Nations Organization (UNO)
D. Niger Basin Commission (NBC)
E. Mano River Union (MRU)

Question 70:

• WAEC 1998

The dealers who buy and sell stocks and shares in their own name are called

A. Jobbers
B. Brokers
C. Bears
D. Stags
E. Bulls