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Commerce 1990 WAEC Past Questions

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Post UTME Past Questions Agent
76
which of the following is not a reason for imposing a tariff? to
  • A. correct an adverse balance of payments
  • B. raise revenue for the government
  • C. encourage imports
  • D. protect infant industries
  • E. encourage the consumption of home-produced goods
View Answer & Discuss WAEC 1990
77
customs duties are?
  • A. excise duties
  • B. dock dues
  • C. customary dues
  • D. customs officers'' duties
  • E. import tariffs
View Answer & Discuss WAEC 1990
78
which of the following documents transfers title to goods?
  • A. bill of exchange
  • B. treasure bill
  • C. bill of lading
  • D. bill of sight
  • E. bill of sale
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79
The purchase of one company by another is called?
  • A. incorporation
  • B. merger
  • C. cartel
  • D. nationalization
  • E. privatization
View Answer & Discuss (1) WAEC 1990
80
The main object of a cartel agreement is to control?
  • A. output to maintain price
  • B. directors to achieve higher profits
  • C. workers to increase output
  • D. requirement to cut cost
  • E. shareholders to maintain shares
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