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