WAEC Commerce Past Questions & Answers - Page 171

851.

A nation's earnings from tourism are classified as

A.

visible exports

B.

invisible exports

C.

visible imports

D.

invisible imports

E.

entrepot trade items

Correct answer is B

No explanation has been provided for this answer.

852.

Contracts for the carriage of goods by sea are generally called

A.

charter by demise

B.

charter parties

C.

voyage charters

D.

time charter

E.

marine policy

Correct answer is D

No explanation has been provided for this answer.

853.

Another name for sea taxi is

A.

tramp

B.

linerspecial frieghter

C.

voyage charter

D.

flying boat

Correct answer is A

No explanation has been provided for this answer.

854.

Which of the following is primarily established to promote the growth of industry in Nigeria?

A.

NITEL

B.

UBA

C.

NIPOST

D.

NIDB

E.

UAC

Correct answer is D

No explanation has been provided for this answer.

855.

The capital market is a market

A.

for long term loans

B.

for new shares of public companies

C.

where money is deposited

D.

where foreign currencies are bought and sold

E.

for short term loans

Correct answer is A

No explanation has been provided for this answer.