Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. WAEC
  4. /
  5. Commerce
  6. /
  7. 1997
  8. /
  9. Q47
Question 47

The difference between the total amount owed to a country and the total amount owed by it is

  • A.trade surplus
  • B.terms of trade
  • C.trade gap
  • D.balance of trade
  • E.balance of payments
Objective

Question details

Exam body
WAEC
Subject
Commerce
Year
1997
Question no.
#47
Type
Objective
Previous · Q46Which of the following are true of a bill of lading? i. it is a means of payment… Next · Q48 Which of the following is not true of branding?

More from this paper

  • Q43Which of the following is true of a merger?
  • Q44Which of the following covers damages to the body of a ship and its machinery?
  • Q45The major disadvantage of pipeline transportation is that it
  • Q49Which of the following is a disadvantage of air transport?
  • Q50Which of the following is not a characteristic of Charter party?
  • Q51Which of the following is issued to the exporter or his agent when the goods has…
See all Commerce 1997 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy