Post Utme Futa 2022 Commerce Question 39

Practice objective / multiple choice question 39 from the 2022 Post Utme Futa Commerce examination.

Post Utme Futa 2022 Commerce Objective / Multiple Choice
Question 39 POST_UTME_FUTA • 2022 • COMMERCE • objective

A company in Nigeria is considering importing goods from China. What are the potential advantages and disadvantages of importing from China?

Answer Options

A. Advantages: low costs, high quality; Disadvantages: high transportation costs, cultural differences.
B. Advantages: low costs, high quality; Disadvantages: high transportation costs, cultural differences, and language barriers.
C. Advantages: low costs, high quality; Disadvantages: high transportation costs, cultural differences, language barriers, and regulatory hurdles.
Correct Answer D. Advantages: low costs, high quality; Disadvantages: high transportation costs, cultural differences, language barriers, regulatory hurdles, and exchange rate risks.
Correct Answer
D
Correct Option:
Advantages: low costs, high quality; Disadvantages: high transportation costs, cultural differences, language barriers, regulatory hurdles, and exchange rate risks.

About This Question

This is Post Utme Futa 2022 Commerce Question 39. It is one of the objective questions from the 2022 Post Utme Futa Commerce examination.

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