Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. WAEC
  4. /
  5. Commerce
  6. /
  7. 2004
  8. /
  9. Q23
Question 23

Terms of trade refers to

  • A.agreement between two trading countries
  • B.the difference between the value of imports and exports
  • C.the relationship between export and import prices
  • D.all payments made to other countries and reciepts of them
Objective

Question details

Exam body
WAEC
Subject
Commerce
Year
2004
Question no.
#23
Type
Objective
Previous · Q22Which of the following is not a function of the Ports Authority Next · Q24 The aid to trade responsible for the preservation of perishable items is

More from this paper

  • Q19Manufacturers sell directly to consumers when they
  • Q20Which of the following is regarded as a document of title in foreign trade?
  • Q21The most acceptable means of payment in foreign transaction is
  • Q25Which of the following abbreviations permits the seller to correct any error in…
  • Q26C % F as a price quotation in foreign trade means that the buyer
  • Q27A bill of exchange is made more negotiable if it has been
See all Commerce 2004 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