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Economics 2014 JAMB Past Questions

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36

An accurate census figure is an important tool for planners in

  • A. providing employment
  • B. siting industries
  • C. providing social amenities
  • D. allocating resources
View Answer & Discuss (3) JAMB 2014
37

An accurate population census is important in other to

  • A. produce more food for the growing population
  • B. provide employment opportunities for the people
  • C. estimate a country's per capita income
  • D. fast track industrial development
View Answer & Discuss (5) JAMB 2014
38

A major determinant of floating exchange rate is

  • A. the highest denomination of the currency
  • B. an Act of the parliament
  • C. the system of government
  • D. the forest of demand and supply
View Answer & Discuss JAMB 2014
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39

If the importation of a commodity is limited to a definite quantity, the trade control measure imposed is

  • A. excise duties
  • B. import duties
  • C. quotas
  • D. tariff
View Answer & Discuss (3) JAMB 2014
40

The main objective of WTO is to

  • A. ensure adequate protection of infant industries
  • B. provide a mechanism for tariff reduction
  • C. assist countries with chronic balance of payments problem
  • D. assist developing countries to execute developmental projects
View Answer & Discuss (1) JAMB 2014
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