passwella.
Menu

WAEC Commerce 1991 (August) Question 3

Question 3

Introduction to Commerce

The major divisions of commerce are

  1. A.import, export and banking
  2. B.home trade and foreign trade
  3. C.trade and aids to trade
  4. D.exchange, consumption and production
  5. E.trade and banking
Show the answer and explanation

Answer: C (trade and aids to trade)

Explanation

Commerce consists of trade and the aids (auxiliaries) to trade.