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