The import of foreign-produced goods to be re-exported is known as
- A. domestic trade
- B. wholesale trade
- C. entrepot trade
- D. counter trade
The import of foreign-produced goods to be re-exported is known as
- A. domestic trade
- B. wholesale trade
- C. entrepot trade
- D. counter trade
Which of the following factors is not to be considered in starting a retail trade?
- A. Size of the business
- B. Nature of the business
- C. Amount of capital required
- D. Level of tax payable
Which of the following factors is not to be considered in starting a retail trade?
- A. Size of the business
- B. Nature of the business
- C. Amount of capital required
- D. Level of tax payable
Small scale retailers continue to survive inspite of serious competition from large scale retailers because they
- A. buy from many manufacturers
- B. maintain personal relationship with customers
- C. stock only one line of goods in their stalls
- D. do not separate business money from personal money
Which of the following describes the reason for international trade
- A. Balance of payment
- B. Comparative cost advantage
- C. Absolute cost advantage
- D. Balance of trade
If a businessman wants to insure against dishonesty of the cashier, he will take
- A. burglary policy
- B. an employer's liability cover
- C. a fidelity guarantee cover
- D. a consequential loss policy
If a businessman wants to insure against dishonesty of the cashier, he will take
- A. burglary policy
- B. an employer's liability cover
- C. a fidelity guarantee cover
- D. a consequential loss policy
Which of the following can quote its shares on the stock exchange
- A. Partnership
- B. Sole-proprietorship
- C. Co-operative society
- D. Public limited company
Which of the following can quote its shares on the stock exchange
- A. Partnership
- B. Sole-proprietorship
- C. Co-operative society
- D. Public limited company
A bonded warehouse is a place for keeping
- A. contraband goods
- B. dutiable goods
- C. tax free goods
- D. smuggled goods