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JAMB Commerce 1998 Question 42

Question 42

Transport

The Continental West African Conference is a

  1. A.group of all West African countries trading in the same products
  2. B.conference to foster unity among the West African countries
  3. C.group of shipping lines operating on the same West African route
  4. D.trust with shareholders from all West African countries.
Show the answer and explanation

Answer: C (group of shipping lines operating on the same West African route)

Explanation

Shipping 'conferences' are associations of shipping lines on the same route that agree freight rates; this one serves the West African route.