JAMB Commerce 2020 Objective — Question 1

Question 1 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2020 Objective paper, with the correct answer and a full explanation.

1. Trade and aids to trade are?

A. A. International trade
B. B. Economy components
C. C. CommerceCorrect
D. D. Market

Explanation

Commerce is classified broadly into trade and aids to trade. Thus, these two components form the basis for commerce.

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