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JAMB Economics 1998 Question 28

Question 28

International Trade

Export-promotion policy is primarily concerned with the

  1. A.processing of raw materials to increase their value
  2. B.making of international routes safe for export commodities
  3. C.reduction in the number of imported items
  4. D.encouragement of the production of export commodities.
Show the answer and explanation

Answer: D (encouragement of the production of export commodities.)

Explanation

Export promotion means encouraging the production and sale of goods for export.