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