WAEC Commerce 2018 Question 13

Question 13

Trade Associations

An association of businesses engaged in both trade and industry is a

  1. A.co-operative society.
  2. B.trade union.
  3. C.trust fund.
  4. D.chamber of commerce.
Show the answer and explanation

Answer: D (chamber of commerce.)

Explanation

A chamber of commerce brings together businesses from trade, industry and other sectors in an area.