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WAEC Commerce 2003 Question 1

Question 1

Introduction to Commerce

The scope of commerce is limited to

  1. A.home and foreign trade
  2. B.whoesale and retail trade
  3. C.trade and aids-to-trade
  4. D.wholesale and entrepot trade
Show the answer and explanation

Answer: C (trade and aids-to-trade)

Explanation

Commerce is made up of trade and the aids to trade.