WAEC Geography 2006 Question 45

Question 45

Transport, Trade and Tourism

Which of the following is a major benefit of international trade?

  1. A.Total dependence on other countries for essential goods
  2. B.Revenue generation
  3. C.Stabilization of prices
  4. D.Free movement of people across borders
Show the answer and explanation

Answer: B (Revenue generation)

Explanation

Governments earn revenue (duties, foreign exchange) from international trade.