WAEC Commerce 2015 Objective — Question 42
Question 42 of 50 from the West African Examinations Council (WAEC) Commerce 2015 Objective paper, with the correct answer and a full explanation.
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Which of the following is a disadvantage of foreign trade? It
- A. encourages dumpingCorrect
- B. widens the world market
- C. encourages specialization
- D. provides variety of goods
Explanation
Dumping is the act of selling a product abroad at a price cheaper than the cost price at home; this is possible through international trade.
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