An argument for the use of commercial policy rest on the ...
An argument for the use of commercial policy rest on the need to
Make imported goods affordable
Reduce domestic unemployment
Encourage the importation of non-essential goods
Make a country enjoy absolute advantage in production of all goods
Correct answer is D
Commercial policy may be defined as one that helps in accelarating the rate of economic development. by enabling the under-developed country to have larger share of the gains from trade, by augmenting the rate of capital formation and by promoting industrialization and maintaining equilibrium in the balance of payments.
The relationship between the tax rate and income which is relevant to progressive tax is shown ...
A non-bank financial intermediary which is regarded as a pool of risks is the ...
The three broad categories of production are ...
The market price of a commodity is normally determined by the ...
Public corporation is financed with ...
Which of the following is NOT one of the characteristics of developing countries? ...
Devaluation is effective when ...
If MPC = 2/3 and investment is N100 million, the level of national income is ...