by Sunday | Jul 30 | Commerce WAEC
A. called-up capital B. nominal capital C. fixed capital D. issued capital E. circulating capital Correct Answer: Option B – nominal capital
by Sunday | Jul 30 | Commerce WAEC
A. visible exports exceed invisible imports B. total payments exceed visible exports C. visible imports exceed visible exports D. invisible exports exceed invisible imports E. visible exports exceed invisible imports Correct Answer: Option C – visible imports...
by Sunday | Jul 30 | Commerce WAEC
A. cash B. bills of lading C. personal cheques D. letters of credit E. traveler’s cheques Correct Answer: Option D – letters of credit
by Sunday | Jul 30 | Commerce WAEC
A. Shipping services Nigeria renders to Russia B. Nigeria’s crude oil to London C. banking services rendered to Americans resident in Nigeria D. Stockfish from Germany to Nigeria E. Nigeria groundnut to Egypt Correct Answer: Option A – Shipping services...
by Sunday | Jul 30 | Commerce WAEC
A. an advice note B. an invoice C. a bill of exchange D. a statement E. an indent Correct Answer: Option E – an indent
by Sunday | Jul 30 | Commerce WAEC
A. invisible trade B. entrepot trade C. export trade D. import trade E. bilateral trade Correct Answer: Option B – entrepot trade