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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
4821

 

Which of the following forms of economic integration is a member nation free to impose duty against non-members

 

 

  • A. Customs union
  • B. Common market
  • C. Economic community
  • D. Free trade area
View Answer & Discuss (1) JAMB 2025
4822

Economic problems arise mainly as a result of?

 

  • A. Lack of foresight on the part of resource users
  • B. Inaccurate statistical data in West Africa
  • C. Excessive wastage of available resources
  • D. Limitations in availability of resources
View Answer & Discuss JAMB 2025
4823

One of the advantages of capitalism is that

 

  • A. efficient allocation of resources is assured
  • B. private initiative is discouraged
  • C. job security is assured
  • D. consumers are exploited
View Answer & Discuss JAMB 2025
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
4824

The lender of last resort in the banking system is he

 

 

  • A. commercial bank
  • B. industrial bank
  • C. central bank
  • D. mortgage bank
View Answer & Discuss JAMB 2025
4825

Which functions of the wholesaler enables him to stabilize prices?

 

 

  • A. granting credit to retailers
  • B. advertising the goods
  • C. transporting goods
  • D. warehousing goods
View Answer & Discuss JAMB 2025
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