Post Utme Bowen University 2022 Commerce Question 14

Practice objective / multiple choice question 14 from the 2022 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2022 Commerce Objective / Multiple Choice

Question 14 POST_UTME_BOWEN_UNIVERSITY • 2022 • COMMERCE • objective

A firm's foreign trade involves importing goods from a foreign country. Which of the following is a benefit of foreign trade?

Answer Options

A. Increased competition

B. Improved market share

Correct Answer C. Access to new markets

D. Reduced production costs

Correct Answer

Correct Option:

Access to new markets

About This Question

This is Post Utme Bowen University 2022 Commerce Question 14. It is one of the objective questions from the 2022 Post Utme Bowen University Commerce examination.

View More Post Utme Bowen University 2022 Commerce Questions More Post Utme Bowen University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support