A. visible exports B. visible imports C. invisible exports D. invisible imports E. entreport trade Correct Answer: Option C -…
A. Consumer B. Retailer C. Consignor D. Manufacturer E. Wholesaler Correct Answer: Option D - Manufacturer
A. Broker B. Factor C. Jobber D. Manufacturer's representative E. Auctioneer Correct Answer: Option D - Manufacturer's representative
A. a decrease in production B. an increase in production C. waste of time D. uneconomic use of tools E.…
A. commission B. mark-up C. trade discount D. cash discount E. credit guarantee Correct Answer: Option C - trade discount
A. Financing B. Advice to retailers C. Provision of credit D. Advertising E. Warehousing Correct Answer: Option E - Warehousing
A. Buying on credit B. Ploughed back profit C. Borrowing D. Shares E. Personal savings Correct Answer: Option D -…
A. fixed deposit B. savings deposit C. loan account D. current account E. deposit account Correct Answer: Option D -…
A. speculation B. competition C. specialization D. importation E. exportation Correct Answer: Option C - specialization
A. The Federal Mortgage Bank of Nigeria B. The Nigerian Industrial Development Bank C. The Central Bank of Nigeria D.…