A nation’s earnings from tourism are classified as
- A. visible exports
- B. invisible exports
- C. visible imports
- D. invisible imports
- E. entrepot trade items
A nation’s earnings from tourism are classified as
- A. visible exports
- B. invisible exports
- C. visible imports
- D. invisible imports
- E. entrepot trade items
Contracts for the carriage of goods by sea are generally called
- A. charter by demise
- B. charter parties
- C. voyage charters
- D. time charter
- E. marine policy
Contracts for the carriage of goods by sea are generally called
- A. charter by demise
- B. charter parties
- C. voyage charters
- D. time charter
- E. marine policy
Another name for sea taxi is
- A. tramp
- B. liner
- C. special frieghter
- D. voyage charter
- E. flying boat
Another name for sea taxi is
- A. tramp
- B. liner
- C. special frieghter
- D. voyage charter
- E. flying boat
Which of the following is primarily established to promote the growth of industry in Nigeria?
- A. NITEL
- B. UBA
- C. NIPOST
- D. NIDB
- E. UAC
The capital market is a market
- A. for long term loans
- B. for new shares of public companies
- C. where money is deposited
- D. where foreign currencies are bought and sold
- E. for short term loans
The capital market is a market
- A. for long term loans
- B. for new shares of public companies
- C. where money is deposited
- D. where foreign currencies are bought and sold
- E. for short term loans
Which of the following is not a barrier to the smooth functioning of ECOWAS?
- A. Different currencies
- B. Different languages
- C. Adequate population
- D. Political crisis
- E. Fear of domination
Which of the following is has a fixed rate of dividend?
- A. Debenture
- B. Ordinary share
- C. Founder's share
- D. Preference share
- E. Equity
Which of the following is has a fixed rate of dividend?
- A. Debenture
- B. Ordinary share
- C. Founder's share
- D. Preference share
- E. Equity
The primary aim of commerce is to
- A. produce goods and services
- B. warehouse goods
- C. advertise goods and services
- D. finance goods and services
- E. exchange goods and services
The primary aim of commerce is to
- A. produce goods and services
- B. warehouse goods
- C. advertise goods and services
- D. finance goods and services
- E. exchange goods and services
When the government decides to run a statutory corporation as a profit-oriented enterprise, this is known as
- A. nationalization
- B. commercialization
- C. take-over bid
- D. privatization
- E. indegenization
When the government decides to run a statutory corporation as a profit-oriented enterprise, this is known as
- A. nationalization
- B. commercialization
- C. take-over bid
- D. privatization
- E. indegenization
An association of businessmen engaged in both commerce and industry is called
- A. trade association
- B. Trade union
- C. chamber of commerce
- D. trust
- E. cartel
An association of businessmen engaged in both commerce and industry is called
- A. trade association
- B. Trade union
- C. chamber of commerce
- D. trust
- E. cartel
Tax levied on goods at each stage of their movement from production to the final consumer is known as
- A. customs drawback
- B. ad valorem duty
- C. specific tax
- D. value added tax
- E. tariff
In marine insurance, the deliberate throwing of some goods into the sea to prevent the ship from sinking is an example of
- A. a constructive loss
- B. a partial loss
- C. a general average loss
- D. a total loss
- E. an actual total loss
In marine insurance, the deliberate throwing of some goods into the sea to prevent the ship from sinking is an example of
- A. a constructive loss
- B. a partial loss
- C. a general average loss
- D. a total loss
- E. an actual total loss