Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following is a disadvantage of air transport?
High speed
Less risk
High cost
Moves on schedule
Conveys perishable goods
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not true of branding?
Facilitates identification of goods
Leads to increased sales and deeper loyalty
Makes market segmentation easier
Encourages pilfering
Facilitates advertising
Correct answer is D
No explanation has been provided for this answer.
The difference between the total amount owed to a country and the total amount owed by it is
trade surplus
terms of trade
trade gap
balance of trade
balance of payments
Correct answer is E
No explanation has been provided for this answer.
i and iii only
i, ii and iii only
ii and iii only
ii and iv only
ii, iii and iv only
Correct answer is E
No explanation has been provided for this answer.
The major disadvantage of pipeline transportation is that it
does not involve toomuch labour
reduces road congestion
is fast
is not easy to detect damages
is not affected by weather
Correct answer is D
No explanation has been provided for this answer.