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Economics 1998 WAEC Past Questions

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31
development plans in Nigeria have deviated from their targets due to
  • A. lack of manpower
  • B. political instability
  • C. high population growth rate
  • D. brain drain in the country
  • E. inadequate land
View Answer & Discuss WAEC 1998
32
The level of economic development is low in Nigeria because
  • A. planning has nopractical relevance
  • B. of the pattern of the consumers' spending
  • C. the country is too large
  • D. of ineffective plan implementation
  • E. there is no unique planning model
View Answer & Discuss WAEC 1998
33
The stability of Nigerian economy depends mainly on the export price of
  • A. groundnut
  • B. cotton
  • C. cocoa
  • D. mineral oil
  • E. palm kernel
View Answer & Discuss (2) WAEC 1998
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34
Which of the following countries is a major trading partner of Nigeria?
  • A. Britain
  • B. Canada
  • C. Japan
  • D. Germany
  • E. China
View Answer & Discuss (1) WAEC 1998
35
The instrument used in many countries to restrict imports includes
  • A. high tarrifs
  • B. price index
  • C. excise duties
  • D. bank rate
  • E. subsidies
View Answer & Discuss WAEC 1998
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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