WAEC Economics 2018 Objective — Question 28
Question 28 of 50 from the West African Examinations Council (WAEC) Economics 2018 Objective paper, with the correct answer and a full explanation.
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Local firms can help in reducing unemployment in a country when
- A. land acquisitions becomes centralized
- B. imports of substitutes are reducedCorrect
- C. waste in the firm is eliminated
- D. subsidies to firms are decreased
Explanation
Reducing imports of substitute goods encourages local firms to increase production to meet local demand, creating more local employment.
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