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JAMB Commerce 1994 Question 38

Question 38

Foreign Trade

The Comprehensive Import Supervision Scheme was set up by the federal government in order to

  1. A.reverse Nigeria's unfavourable balance of trade
  2. B.promote fair trade between Nigeria and other countries
  3. C.counteract all fraudulent business deals of Nigerians with other nationals
  4. D.ensue that imports into Nigeria are of the correct quality, value and quantity.
Show the answer and explanation

Answer: D (ensue that imports into Nigeria are of the correct quality, value and quantity.)

Explanation

Under CISS, imports are inspected before shipment to check that their quality, quantity and price are as declared.