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