A) Towns B) Countries C) Villages D) States
A) Wholesale B) Export C) Import D) Retail
A) Buying goods from abroad B) Importing services C) Selling goods locally D) Selling goods to foreign countries
A) Receipt B) Invoice C) Bill of lading D) Debit note
A) Exports exceed imports B) No trade occurs C) Imports equal exports D) Imports exceed exports
A) WAEC B) NAFDAC C) IMF D) NLC
A) Re-export trade B) Local trade C) Home trade D) Retail trade
A) Discounts on goods B) Shipping documents C) Subsidies on exports D) Taxes on imports
A) Unequal distribution of resources B) Uniform distribution of resources C) Equal climate conditions D) Government policies
A) Exports B) Raw materials C) Imports D) Retail goods
A) WTO B) OPEC C) UNESCO D) WHO
A) Retail trade B) Credit C) Barter trade D) Banking
A) In offices B) In warehouses C) In transit D) In stores
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) Quality control C) Cheap labour D) Long distance
A) Selling B) Market research 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) Passport C) Voter’s card D) Export license
A) Advertise products B) Fix export prices C) Hire workers D) Pay local taxes
A) Domestic trade B) Organizing for international trade C) Local marketing D) Wholesale distribution
A) Local market rules B) Personal preference C) Street trading laws D) International standards
A) Providing guidance and support B) Increasing local competition C) Restricting foreign exchange D) Limiting exportation
A) Delays in delivery B) Lower product quality C) Reduced export options D) Smooth international trade
A) Reduce business growth B) Limit production C) Expand foreign market reach D) Stop foreign customers
A) Avoid customers B) Reduce production C) Increase tariffs D) Improve foreign business relations
A) Stop exporting B) Operate legally internationally C) Avoid documentation D) Break trade rules
A) Local marketing B) Manufacturing C) Legal and smooth export transactions D) Domestic pricing
A) Reduce sales B) Produce fewer goods C) Increase global competitiveness D) Stop local customers
A) Protects goods in transit B) Reduces market size C) Stops export operations D) Increases tariffs |