WAEC Commerce 1991 (August) Question 56

Question 56

Foreign Trade Documents

A document issued by the government authorizing a person to take goods out of the country for sale abroad is known as

  1. A.export licence
  2. B.import licence
  3. C.dock warrant
  4. D.bill of lading
  5. E.consular invoice
Show the answer and explanation

Answer: A (export licence)

Explanation

An export licence is government permission to export goods.