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.
The three main division of production include industrial?
commercial banking services
commercial and services
transportation and services
manufacturing and services
banking and services
Correct answer is B
No explanation has been provided for this answer.
Which of the following statements is not true?
Commercial services are the life's blood of a country's economic system
There cannot occur commercial services unitl goods have been produced
Without commercial services must goods and services will not produced
There is no stage of production that does not employ commercial services
Commercial services add to the value of a product
Correct answer is B
No explanation has been provided for this answer.
The major divisions of Commerce are?
import, export and transport
trade, communication and warehousing
trade and auxiliaries to trade
exchange, consumption and production
import, trade and production
Correct answer is C
No explanation has been provided for this answer.
One of the main aims of the ECOWAS is to?
foster interchange of goods and services among its members
provide a reliable market for stock and shares
have common political system
have common language
have one currency
Correct answer is A
The main goal of ECOWAS is to promote economic cooperation among member states in order to raise living standards and promote economic development.
The treaty establishing ECOWAS on May 28, 1975 was signed by?
15 Heads of State
14 Heads of State
13 Heads of State
15 Foreign Ministers
12 Heads of State
Correct answer is A
No explanation has been provided for this answer.