Post Utme Esut 2020 Commerce Question 34

Practice objective / multiple choice question 34 from the 2020 Post Utme Esut Commerce examination.

Post Utme Esut 2020 Commerce Objective / Multiple Choice
Question 34 POST_UTME_ESUT • 2020 • COMMERCE • objective

A company exports goods to a foreign country. Explain how the company can benefit from the foreign trade agreement.

Answer Options

Correct Answer A. The company can reduce its costs by avoiding tariffs and quotas.
B. The company can increase its market share by targeting a new customer base.
C. The company can improve its product quality by adopting new technologies.
D. The company can reduce its production costs by outsourcing to a foreign supplier.
Correct Answer
A
Correct Option:
The company can reduce its costs by avoiding tariffs and quotas.

About This Question

This is Post Utme Esut 2020 Commerce Question 34. It is one of the objective questions from the 2020 Post Utme Esut Commerce examination.

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