JAMB Commerce 2001 Question 44

Question 44

Trade Associations

One of the major functions of a chamber of commerce is to

  1. A.promote and protect trade, industry and agriculture
  2. B.advise members on regulations of other countries
  3. C.settle disputes that arise out of trade
  4. D.publish books and periodicals desired by members.
Show the answer and explanation

Answer: A (promote and protect trade, industry and agriculture)

Explanation

Chambers of commerce exist to promote and protect the interests of trade, industry and agriculture.