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WAEC Commerce 2014 Question 34

Question 34

Foreign Trade

Foreign trade is concerned with

  1. A.exchange of goods and services among companies
  2. B.buying and selling of imported goods.
  3. C.exchange of goods and services among citizens.
  4. D.buying and selling of goods and services among countries.
Show the answer and explanation

Answer: D (buying and selling of goods and services among countries.)

Explanation

Foreign trade is trade between countries.