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JAMB Commerce 2002 Question 47

Question 47

Trade Associations

Which of the following is an example of trade associations?

  1. A.European Union
  2. B.National Marketing Board
  3. C.Organization of African Unity
  4. D.National Farmers' Council.
Show the answer and explanation

Answer: D (National Farmers' Council.)

Explanation

A trade association is formed by people in the same line of business, such as farmers in the National Farmers' Council.