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WAEC Commerce 2025 Question 25

Question 25

Stock Exchange

An organization that provides facilities and arranges for the purchase and sale of goods is

  1. A.a ports authority.
  2. B.an export promotion council.
  3. C.a customs authority.
  4. D.a commodity exchange.
Show the answer and explanation

Answer: D (a commodity exchange.)

Explanation

A commodity exchange is an organised market providing facilities for buying and selling goods such as cocoa or metals.