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