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WAEC Commerce 1993 Question 6

Question 6

Introduction to Commerce

Trade can be described as

  1. A.purchase of goods and services
  2. B.production of goods
  3. C.buying and selling
  4. D.distribution of goods
  5. E.storage of goods
Show the answer and explanation

Answer: C (buying and selling)

Explanation

Trade is the buying and selling of goods and services.