A) Towns B) States C) Countries D) Villages
A) Import B) Export C) Wholesale D) Retail
A) Buying goods from abroad B) Importing services C) Selling goods to foreign countries D) Selling goods locally
A) Receipt B) Debit note C) Bill of lading D) Invoice
A) Exports exceed imports B) Imports equal exports C) No trade occurs D) Imports exceed exports
A) NAFDAC B) IMF C) WAEC D) NLC
A) Re-export trade B) Retail trade C) Local trade D) Home trade
A) Subsidies on exports B) Taxes on imports C) Discounts on goods D) Shipping documents
A) Equal climate conditions B) Government policies C) Uniform distribution of resources D) Unequal distribution of resources
A) Exports B) Imports C) Raw materials D) Retail goods
A) UNESCO B) WTO C) OPEC D) WHO
A) Barter trade B) Credit C) Banking D) Retail trade
A) In stores B) In transit C) In warehouses D) In offices
A) It cannot produce everything B) It has excess goods C) It wants more inflation D) It has surplus labour
A) Cheap labour B) Good communication system C) Long distance D) Quality control
A) Selling B) Packaging C) Market research D) Advertising
A) Lowering prices B) Producing for local markets C) Changing a product to meet foreign standards D) Avoiding foreign markets
A) Voter’s card B) Passport C) Export license D) Driving license
A) Advertise products B) Pay local taxes C) Fix export prices D) Hire workers
A) Organizing for international trade B) Domestic trade C) Wholesale distribution D) Local marketing
A) Personal preference B) International standards C) Local market rules D) Street trading laws
A) Restricting foreign exchange B) Providing guidance and support C) Limiting exportation D) Increasing local competition
A) Delays in delivery B) Reduced export options C) Smooth international trade D) Lower product quality
A) Expand foreign market reach B) Reduce business growth C) Limit production D) Stop foreign customers
A) Increase tariffs B) Avoid customers C) Improve foreign business relations D) Reduce production
A) Avoid documentation B) Stop exporting C) Operate legally internationally D) Break trade rules
A) Manufacturing B) Local marketing C) Legal and smooth export transactions D) Domestic pricing
A) Stop local customers B) Increase global competitiveness C) Produce fewer goods D) Reduce sales
A) Protects goods in transit B) Increases tariffs C) Stops export operations D) Reduces market size |