Waec Model Questions Vol1 2018 Commerce Question 1

Practice essay / theory question 1 from the 2018 Waec Model Questions Vol1 Commerce examination. This question covers Definition of Commerce, Functions of Commerce, Commerce and National Development .

Waec Model Questions Vol1 2018 Commerce Essay / Theory

Topics: Definition of Commerce Functions of Commerce Commerce and National Development

Question 1 WAEC_MODEL_QUESTIONS_VOL1 • 2018 • COMMERCE • essay

Answer the following questions on the introduction to commerce.

Question Parts

( a )

Define commerce and clearly distinguish it from trade.

( b )

Identify three major functions of commerce and explain the importance of each function in the smooth operation of the economy.

( c )

Discuss how commerce contributes to national economic development, giving two specific ways.

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About This Question

This is Waec Model Questions Vol1 2018 Commerce Question 1. It is one of the essay questions from the 2018 Waec Model Questions Vol1 Commerce examination.

The question covers Definition of Commerce, Functions of Commerce, Commerce and National Development .

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