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JAMB Commerce 1999 Question 21

Question 21

Foreign Trade

The overriding advantage of home trade over foreign trade is

  1. A.accessibility of seller to buyer
  2. B.absence of many documents
  3. C.ease in language of transaction
  4. D.ease in form of payment.
Show the answer and explanation

Answer: A (accessibility of seller to buyer)

Explanation

In home trade, buyers and sellers are close to each other and can easily reach one another.