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BECE Pre Vocational Study 2022 Objective — Question 59

Question 59 of 120 from the Basic Education Certificate Examination (Junior WAEC) (BECE) Pre Vocational Study 2022 Objective paper, with the correct answer and a full explanation.

The value of agricultural produce from Nigeria sold to other countries will be paid in

A. export duty.
B. foreign exchange.Correct
C. import duty.
D. stock dividend.
E. withholding tax.

Explanation

Goods sold abroad are paid for in foreign currency, called foreign exchange.

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