Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
intangible import
visible export
intangible export
invisible export
Correct answer is D
Tourism in terms of economic activity is treated as an 'invisible export' due to the fact that consumption of goods and services by foreign tourists really carries out the export on the spot in a tourist destination.
3:50 times
3:00 times
2:00 times
2:18 times
Correct answer is D
No explanation has been provided for this answer.
One advantage of a crossed cheque is that it can?
only be paud into a savings account
be cashed over the bank's counter
only be paid into the owner's account
be cashed by anyone
Correct answer is C
No explanation has been provided for this answer.
A good financial instrument which serves as a hedge against inflation is?
a bond
a share
an opion
a warrant
Correct answer is A
No explanation has been provided for this answer.
To increase the supply of money in a country, the central bank has to?
reduce cash ratio
sell securities
call on special deposits
raise cash ratio
Correct answer is A
No explanation has been provided for this answer.