Goods that are useful, scarce and can command price are called …………. goods.
Capital
Consumer
Economic
Free
Scarce
Correct answer is C
No explanation has been provided for this answer.
Which of the following Is NOT a function of Merchant Bank?
Helps public companies to issue new shares
Provision of medium and long-term loans
They accept bills of exchange
They guarantee the buying of shares
They implement government monetary policies
Correct answer is D
No explanation has been provided for this answer.
The Industrial strategy of producing locally those goods that could have been imported is known as
Balance growth
Export promotion
Import substitution
Industrialization
Urbanization
Correct answer is C
No explanation has been provided for this answer.
The African Development Bank was set up in 1964 and has its headquarters in
Burkina Faso
Ivory Coast
Liberia
Niger Republic
Senegal
Correct answer is B
No explanation has been provided for this answer.
Balance of payments
Balance of trade
Budget
Index of trade
Terms of trade
Correct answer is A
No explanation has been provided for this answer.