ECOWAS has taken a giant step towards economic integration by?

5 years ago

A. presenting a united front against foreign economic exploiters B. introducing a common currency for travellers C. holding frequent meeting…

One of the major criticisms of the 1992-1968 National development Plan was that?

5 years ago

A. it failed to incorporate lessons gained from earlier plans to enhance its efficiency B. it came too quickly after…

Import substitution aims at?

5 years ago

A. substituting agricultural products with industrial ones B. substituting imports with agricultural exports C. the diversification of industries D. improving…

Which of the following yields more revenue to Nigeria?

5 years ago

A. Value added tax B. Royalties C. indirect tax D. Direct tax Correct Answer: Option C - indirect tax

One way of correcting the balance of payments problem of a country is to?

5 years ago

A. introduce import-promotion measures B. buy investments abroad C. devalue the currency D. de-emphasize import-substitution industries Correct Answer: Option B…

One of the roles of NNPC in the production and refining of crude oil is to?

5 years ago

A. secure maximum government revenue and regulate price B. prevent the smuggling of petroleum products C. satisfy the domestic consumption…

Some of the key indicators of underdevelopment in a country are?

5 years ago

A. poverty, high level of literacy and low income B. poverty, low level of literacy and low income C. low…

External finance for a limited liability company is mainly sourced through?

5 years ago

A. the leasing equipment B. the issuing of shares C. trade credits D. banks loans Correct Answer: Option A -…

The effect of an increase in demand for a commodity accompanied by a decrease in supply will be to?

5 years ago

A. raise the price of the commodity and affect the quantity in an indeterminate way B. decrease the equilibrium quantity…

Under conditions of perfect competition; a firm’s supply curve is determined by its?

5 years ago

A. total cost curve B. marginal cost curve C. variable cost curve D. fixed cost curve Correct Answer: Option B…