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3586

the poorer the country, the larger the percentage of labour force engaged in?

  • A. Agricultural
  • B. mining
  • C. trading
  • D. manufacturing
View Answer & Discuss WAEC 2018
3587

which of the following measure can be adopted to stabilize the external value of the local currency?

  • A. reduce the volume of export
  • B. increase the demand for imports
  • C. increase domestic money supply
  • D. reduce the demand for imports
View Answer & Discuss WAEC 2018
3588

which of the following is not a measure for reducing balance of payments deficits?

  • A. export drive
  • B. reducing tarriffs
  • C. adding to export goods
  • D. increasing local production
View Answer & Discuss (1) WAEC 2018
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3589

Nations engage in international trade because of difference in?

  • A. absolute cost
  • B. comparative cost
  • C. fixed cost
  • D. variable cost
View Answer & Discuss WAEC 2018
3590

one advantage of international trade is that

  • A. prices of goods become stable
  • B. countries become self-sufficient
  • C. goods consumed are produced at a very high cost
  • D. it makes possible the consumption of variety of goods
View Answer & Discuss WAEC 2018
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