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