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