JAMB Commerce 2011 Objective — Question 49
Question 49 of 49 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2011 Objective paper, with the correct answer and a full explanation.
Advertisement
[Diagram: 'Commerce' branching into 'Trade' and item I; Trade branches into item II and 'Foreign'; item II branches into 'Retail' and 'Wholesale'; 'Foreign' branches into 'Export' and 'Import'] From the diagram above, what does I stand for?
- A. A. Aids to tradeCorrect
- B. B. Publicity
- C. C. Home trade
- D. D. Advertising trade
Explanation
From the classification diagram, Commerce is divided into Trade and Aids to Trade (I); Trade is further divided into Home Trade (II) and Foreign Trade, with Home Trade comprising Retail and Wholesale, and Foreign Trade comprising Export and Import.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.