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Economics 1993 JAMB Past Questions

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21

On the basis of the contribution to employment, the most important economic sector in West African is?

  • A. industry
  • B. agriculture
  • C. construction
  • D. commerce
View Answer & Discuss (1) JAMB 1993
22
The most popularly adopted industrialization strategy in West Africa is?
  • A. import substitution
  • B. export promotion
  • C. ports development
  • D. infant industries protection
View Answer & Discuss JAMB 1993
23
One of the most important factors that should be considered in the location of an industry is?
  • A. nearness to the financial centre
  • B. assured patronage by government functionaries
  • C. availabilities of inputs and market
  • D. availabilities of adequate security
View Answer & Discuss JAMB 1993
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24
Since the mid-1980s, the most disturbing development in the industrial sector in Nigeria is?
  • A. labour intensity
  • B. capital intensity
  • C. poor technology
  • D. capacity under-utilization
View Answer & Discuss (1) JAMB 1993
25
The money market is a financial market that specializes in the provision of?
  • A. short-term loans
  • B. medium-term loans
  • C. long-term loans
  • D. venture capital for development projects
View Answer & Discuss JAMB 1993
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