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