JAMB Economics 2014 Objective — Question 40
Question 40 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2014 Objective paper, with the correct answer and a full explanation.
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The loading of crude oil at the terminal is an activity in the
- A. upstream and downstream sectors of the oil industry
- B. upstream sector of the oil industryCorrect
- C. midstream and upstream sectors of the oil industry
- D. downstream sector of the oil industry
Explanation
The upstream sectors of oil industry involve all activities except exploration and mining, and any activities after refining and distribution of the product.
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