by Sunday | Dec 13 | Commerce JAMB
A. desire to trade with many countries B. willingness to grant credit to foreigners C. balance of trade D. terms of trade Correct Answer: Option A – desire to trade with many countries
by Sunday | Dec 13 | Commerce JAMB
A. exports exceed imports B. visible exports exceed visible imports C. imports and exports are equal D. visible imports exceed visible exports Correct Answer: Option D – visible imports exceed visible exports Explanation when the value of its imports exceed...
by Sunday | Dec 13 | Commerce JAMB
A. middlemen B. whole saling C. consumer D. retailing Correct Answer: Option C – consumer Explanation The distribution system is the final link in the chain of supply from manufacturer to the consumer
by Sunday | Dec 13 | Commerce JAMB
A. creation B. manufacturing C. construction D. formation Correct Answer: Option B – manufacturing Explanation Manufacturing refers to a production of goods that converts raw materials, parts, and components into finished...
by Sunday | Dec 13 | Commerce JAMB
A. unskilled labour B. skilled labour C. blue-collar job D. white-collar job Correct Answer: Option A – unskilled labour Explanation Unskilled labor refers to Work which requires no special training or experience for performing the work adequately, but require...