Waec Commerce 2021 Past Questions and Answers

Question 16:

• WAEC 2021

An objective of the European Union is to

A. Eliminate drug addiction in member countries
B. Eliminate tariffs and quotas among member countries
C. Encourage migrant workers from developing countries
D. Fight against child abuse in developing countries.

Question 17:

• WAEC 2021

An inventor of a new machine for canning tomatoes can protect his product by

A. Obtaining a trademark
B. Obtaining a patent
C. Labelling the product
D. Choosing a brand name

Question 18:

• WAEC 2021

The concept of determining the objectives of a business and stating how they can be actualized is

A. Directing
B. Motivating
C. Organizing
D. Planning

Question 19:

• WAEC 2021

One of the aims of ECOWAS is to ____________

A. Provide a market for stocks and shares
B. Have a common political system
C. Foster exchange of goods and services
D. Create a common transport policy

Question 20:

• WAEC 2021

Commerce started as a result of ____________

A. Competition
B. Distribution
C. Privatization
D. Specialization