Post Utme Caleb University 2020 Commerce Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2020 Commerce Objective / Multiple Choice
Question 18 POST_UTME_CALEB_UNIVERSITY • 2020 • COMMERCE • objective

A foreign trade agreement between Nigeria and a foreign country involves the export of 10,000 metric tons of cocoa beans. If the export price is 1,500 per metric ton, what is the total value of the export in US dollars?

Answer Options

A. ₦15,000,000
Correct Answer B. ₦18,000,000
C. ₦20,000,000
D. ₦22,000,000
Correct Answer
B
Correct Option:
₦18,000,000

About This Question

This is Post Utme Caleb University 2020 Commerce Question 18. It is one of the objective questions from the 2020 Post Utme Caleb University Commerce examination.

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