Commerce JAMB, WAEC, NECO AND NABTEB Official Past Questions

148

The difference between the total amount of money received by a country and the total amount paid to other countries within a given period is the

  • A. trade gap
  • B. balance of trade
  • C. balance of payments
  • D. current account balance
  • E. terms of trade
View Answer & Discuss WAEC 1996
149

Which of the following is not the duty of an entrepreneur?

  • A. provision of inital capital
  • B. Bearing of risks
  • C. Organization of other factors of production
  • D. Decision on what to produce
  • E. Decision on the amount of tax to pay
View Answer & Discuss WAEC 1996
150

Which of the following is not the duty of an entrepreneur?

  • A. provision of inital capital
  • B. Bearing of risks
  • C. Organization of other factors of production
  • D. Decision on what to produce
  • E. Decision on the amount of tax to pay
View Answer & Discuss WAEC 1996