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JAMB Commerce 2012 Objective — Question 9

Question 9 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2012 Objective paper, with the correct answer and a full explanation.

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The major problem encountered in international trade is that of

  • A. distanceCorrect
  • B. differences in culture
  • C. politics
  • D. differences in currency

Explanation

The major problem in international trade is the distance to take the goods to. In some cases, this factor discourages the trader from exporting.

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