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Commerce 2013 JAMB Past Questions

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1

The type of labour that makes use of physical effort in production processes is the

  • A. unskilled labour
  • B. skilled labour
  • C. blue-collar job
  • D. white-collar job
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2

The assembling of products into usable forms is known as

  • A. creation
  • B. manufacturing
  • C. construction
  • D. formation
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3

The final link in the chain of distribution is

  • A. middlemen
  • B. whole saling
  • C. consumer
  • D. retailing
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4

A country is said to be experiencing an unfavorable balance of trade if her

  • A. exports exceed imports
  • B. visible exports exceed visible imports
  • C. imports and exports are equal
  • D. visible imports exceed visible exports
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5

Trading position of Nigeria is the same as her

  • A. desire to trade with many countries
  • B. willingness to grant credit to foreigners
  • C. balance of trade
  • D. terms of trade
View Answer & Discuss (4) JAMB 2013
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