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1206
Economic growth can be accelerated through
  • A. excess current consumption
  • B. excess consumption over investment
  • C. increased current consumption
  • D. increased current investment
View Answer & Discuss JAMB 2006
1207
An association formed by a group of individuals solely for the marketing of their product is a
  • A. credit and thrift society
  • B. consumer cooperative society
  • C. producer cooperative society
  • D. voluntary organization
View Answer & Discuss JAMB 2006
1208
The exchange rate determined by market forces is known as
  • A. pegged exchange rate
  • B. floating exchange rate
  • C. fixed exchange rate
  • D. dual exchange rate
View Answer & Discuss JAMB 2006
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1209
Import substitution policy is used to
  • A. protect local industries
  • B. check government expenditure
  • C. correct the balance of payments problem
  • D. encourage increased volume of trade
View Answer & Discuss (3) JAMB 2006
1210
The organization whose aim is to solve the trade problems of less developed nations is
  • A. UNCTAD
  • B. OECD
  • C. UNECA
  • D. WTO
View Answer & Discuss (1) JAMB 2006
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