WAEC Commerce 2011 Question 36

Question 36

Introduction to Commerce

Trade as a division of commerce is usually classified into

  1. A.retail and wholesale.
  2. B.import and export.
  3. C.home and foreign.
  4. D.visible and invisible.
Show the answer and explanation

Answer: C (home and foreign.)

Explanation

Trade is divided into home trade and foreign trade.