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3421
The basic aim of Economic Community of West African States is the
  • A. discouragement of trade among member states
  • B. encouragement of revolts against former colonial masters
  • C. establishment of its headquarters in each members state
  • D. liberalization of trade among member states
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3422
The production within domestic territory of a country is called the _____
  • A. net national product
  • B. gross domestic product
  • C. net income
  • D. disposable income
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3423
Excess supply over demand will place a price advantage on _____
  • A. government
  • B. foreign investors
  • C. suppliers
  • D. consumers
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3424
Given that ∑fx = 340 and N = 20, find the arithmetic mean.
  • A. 20
  • B. 17
  • C. 32
  • D. 9
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3425
One of the reasons why Nigeria is a mono-economy is because of her _______
  • A. huge volume of petroleum activities in the country
  • B. diversification system of economic activities
  • C. high demand for foreign commodities
  • D. high rate of unemployment
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