NECO Commerce 2022 Questions and Answers: Get Commerce 2022 answers Objective and Essay for Friday 11th August, Paper III & II: Objective & Essay – Commerce – 10:00am – 12:40pm.
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NECO Commerce Questions and Answers 2022 Objective
Commerce obj
1-10 CBBADCCBEC
11-20 BCAD
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NECO 2022 Data Processing Essay Questions and Answers
(4a)
Entrepot:An intermediary storage facility where goods are kept temporarily for distribution within a country or for re-export.
(4b)
i. Tariffs: Tariffs are fees paid on imported goods. Tariffs increase the price that consumers pay for the good, thus reducing the quantity of the good demanded and making the price more in line with the price charged by domestic producers. Tariff profits may go to the government or to developing industries.
ii. National Security:
Another reason for restricting trade is that free trade threatens national
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