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JAMB Commerce 2000 Question 13

Question 13

Introduction to Commerce

The main factors militating against the rapid growth of trade in Nigeria are

  1. A.inadequate transportation network and huge capital outlay
  2. B.lack of motivation and government attitude towards trade
  3. C.lack of good transportation network and insecurity of investments
  4. D.huge capital outlay and government attitude to trade.
Show the answer and explanation

Answer: C (lack of good transportation network and insecurity of investments)

Explanation

Poor roads and other transport, together with insecurity of investments, hold back trade.