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WAEC Commerce 2018 Objective — Question 12

Question 12 of 50 from the West African Examinations Council (WAEC) Commerce 2018 Objective paper, with the correct answer and a full explanation.

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Multilateral trade is carried out

  • A. between two countries only
  • B. within many countries
  • C. among many countriesCorrect
  • D. between neighbouring countries only

Explanation

Multilateral trade involves trade being carried out among many (more than two) countries.

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