JAMB Economics 2018 Objective — Question 31

Question 31 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2018 Objective paper, with the correct answer and a full explanation.

In Nigeria, export promotion strategy is aimed at

A. Promoting foreign firms
B. Improving government tax revenue
C. Encouraging local firmsCorrect
D. Discouraging foreign investors

Explanation

Export promotion strategy is a deliberate effort to encourage and support local firms to increase exportation.

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