by Sunday | Nov 8 | Economics WAEC
A. studies laws that govern human behaviour B. uses scientific method to explain human behaviour C. makes use of controlled experiments to explain human behaviour D. makes use of machines to study human behaviour Correct Answer: Option B B. uses scientific method to...
by Sunday | Nov 7 | Economics WAEC
A. International Monetary Fund (IMF) B. World Bank (IBRD) C. United Nations Organization (UNO) D. Economic Commission for Africa (ECA) Correct Answer: Option A A. International Monetary Fund (IMF) Explanation Balance of payments policies: The policies include...
by Sunday | Nov 7 | Economics WAEC
A. free trade area B. common market C. custom union D. economic community Correct Answer: Option C C. custom union Explanation A customs union is generally defined as a type of trade bloc which is composed of a free trade area with a common external tariff. Customs...
by Sunday | Nov 7 | Economics WAEC
A. reduction of personnel income tax B. removal of imports duties C. use of foreign exchange control D. liberalization of credit for importers Correct Answer: Option C C. use of foreign exchange control Explanation Foreign exchange control is the procedure by which a...
by Sunday | Nov 7 | Economics WAEC
A. net exports tend to increase B. imports tend to increase C. net exports tend to decrease D. export tend to be stable Correct Answer: Option A A. net exports tend to increase
by Sunday | Nov 7 | Economics WAEC
A. at par with payments for imports B. greater than payment for imports C. less than payment for imports D. proportional to payments for imports Correct Answer: Option B Explanation BALANCE OF PAYMENTS SURPLUS: An imbalance in a nation’s balance of...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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