JAMB Commerce 2007 Objective — Question 38

Question 38 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2007 Objective paper, with the correct answer and a full explanation.

The scope of economic activities can be enlarged by

A. insurance and banking
B. trading and aids to tradeCorrect
C. transportation and trading
D. business and its promotion

Explanation

Trading and aids to trade (transport, banking, insurance, warehousing, advertising, etc.) together form the broad subject that enhances economic activity.

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