by Sunday | Nov 7 | Economics WAEC
A. presence of large and developed market B. uneven development among west African countries C. existence of different central banks in the countries D. fairly of labour to move freely in the country Correct Answer: Option B B. uneven development among west African...
by Sunday | Nov 7 | Economics WAEC
A. investment income B. foreign direct investment C. long-term capital flows D. long-term loans Correct Answer: Option A A. investment income Explanation The current account on the balance of payments measures the inflow and outflow of goods, services, investment...
by Sunday | Nov 7 | Economics WAEC
A. absolute cost advantage B. comparative advantage C. terms of trade D. balance of trade Correct Answer: Option B B. comparative advantage Explanation Comparative advantage is an economic term that refers to an economy’s ability to produce goods and services at...
by Sunday | Nov 7 | Economics WAEC
A. newly established industries B. industries enjoying tax holidays C. industries producing baby products D. newly commercialized industries Correct Answer: Option A A. newly established industries Explanation In economics, an infant industry is a new industry, which...
by Sunday | Nov 7 | Economics WAEC
A. above its cost of production at home and abroad B. below its cost of production at home and abroad C. more goods to a country than the country has need of D. below its cost of production in a foreign market Correct Answer: Option D D. below its cost of production...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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