WAEC Commerce 1997 Question 8

Question 8

Introduction to Commerce

Use the diagram to answer the question.
The appropriate label for X on the diagram is

Diagram for this question
  1. A.commerce
  2. B.industry
  3. C.direct services
  4. D.occupations
  5. E.indirect services
Show the answer and explanation

Answer: A (commerce)

Explanation

Trade plus the aids to trade (transport, banking, etc.) make up commerce.