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Commerce Past Questions

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1341
Terms of trade refers to?
  • A. agreement between two trading countries
  • B. conditions attached to specific trade transaction
  • C. the relationship between export and import prices
  • D. , the difference between the value imports and exports
  • E. all payments made-to other countries and receipts from them
View Answer & Discuss WAEC 1995
1342
Another name for shares, stocks and debentures traded in the stock exchange is?
  • A. collateral
  • B. securities
  • C. wares
  • D. partcipating`preference shares
  • E. cumulative preference shares
View Answer & Discuss WAEC 1995
1343
Which of the following belongs to the capital market?
  • A. Commercial bank
  • B. Savings bank
  • C. Stock exchange
  • D. Bureau de change
  • E. Clearing house
View Answer & Discuss WAEC 1995
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1344
Which of the following is not true of insurance?
  • A. A large number of pecple face the same risk
  • B. A Possibility of making profit out of an event
  • C. only a small number will actually suffer the loss in any one year
  • D. A large number makes a small contribution to a common pool
  • E. Possibility of assessing the frequency of occurrence of the event
View Answer & Discuss WAEC 1995
1345
Which of the following belongs to the capital market?
  • A. Commercial bank
  • B. Savings bank
  • C. Stock exchange
  • D. Bureau de change
  • E. Clearing house
View Answer & Discuss WAEC 1995
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