A number of shipping lines operating on a certain route, which agree on a common policy regarding the conditions under which goods are to be carried?

By: |Published on: Jan 8|Categories: Commerce WAEC| 0 comments

A. Cartel
B. Conference
C. Syndicate
D. Trust

Correct Answer: Option B

B. Conference

Explanation

The conference is an international example of a cartel in which various shipping conferences operate.

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