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WAEC 1998
Commerce 1998 WAEC Past Questions
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Introduction to Commerce
Meaning, scope, characteristics and functions of Commerce
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Business Environment and Social Responsibility
Types of environment
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Nationalisation, Indigenisation and Divestiture
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66
Which of the following is not a problem of ECOWAS?
A.
Different levels of economic development in member countries
B.
Transportation and communication links
C.
Different economic policies member countries
D.
Diversified economy for West Africa
E.
Use of different currencies
View Answer & Discuss
WAEC 1998
67
Which of the following facilitates settlement for sub-regional indebtedness?
A.
Niger Basin Commission(NBC)
B.
Lake Chad Basin Commission (LCBC)
C.
The West African Clearing House
D.
Economic Community Of West African States (ECOWAS)
E.
International Monetary Fund (IMF)
View Answer & Discuss
WAEC 1998
68
Which of the following is not an economic grouping?
A.
International Bank for Reconstructing And Development (IBRD)
B.
Lake Chad Basin Commission (LCBC)
C.
United Nations Organization (UNO)
D.
Niger Basin Commission (NBC)
E.
Mano River Union (MRU)
View Answer & Discuss (3)
WAEC 1998
69
The dealers who buy and sell stocks and shares in their own name are called
A.
jobbers
B.
brokers
C.
bears
D.
stags
E.
bulls
View Answer & Discuss
WAEC 1998
70
The amount which the insured pays the insurer periodically is
A.
surrender value
B.
premium
C.
interest
D.
compensation
E.
contribution
View Answer & Discuss
WAEC 1998
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