NECO Economics 2022 Objective — Question 45

Question 45 of 50 from the National Examinations Council (NECO) Economics 2022 Objective paper, with the correct answer and a full explanation.

An argument for the use of commercial (trade) policy rests on the need to

A. make imported goods affordable
B. reduce domestic unemployment
C. encourage the importation of non-essential goods
D. make a country self-reliant in the production of all goods locally and internationallyCorrect

Explanation

International trade control measures (commercial policy) are focused on the need to make a country become self-reliant in the production of all goods and services, locally and internationally.

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