Waec Commerce Past Questions and Answers

Question 2116:

• WAEC 2017

one of the aims of ECOWAS is to?

A. Discourage foreign investors
B. Promote privatization policy
C. Ensure production of quality goods
D. Promote trade within the region

Question 2117:

• WAEC 2017

which of the following bussinesses relies on government subvention for its operation?

A. Public corporation
B. Public limited liability company
C. Co-operative society
D. Private limited liability company

Question 2118:

• WAEC 2017

Balance of payment deficit may be caused by?

A. Revaluation of currency
B. Sales of foreign reserves
C. Unrestricted exports
D. Unrestricted imports

Question 2119:

• WAEC 2017

(a) What is E-Commerce
(b) State four advantages and four disadvantages of privatization

Question 2120:

• WAEC 2017

(a) Define communication
(b) List six means of communication in business
(c) In what four ways is communication important to business?