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