Post Utme Igbinedion University 2017 Commerce Question 29

Practice objective / multiple choice question 29 from the 2017 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2017 Commerce Objective / Multiple Choice
Question 29 POST_UTME_IGBINEDION_UNIVERSITY • 2017 • COMMERCE • objective

A company has a foreign trade agreement with a country that has a currency exchange rate of 1:1 with the Nigerian naira. The company exports a product worth 1000. What is the value of the product in naira?

Answer Options

Correct Answer A. ₦1000
B. ₦2000
C. ₦5000
D. ₦10,000
Correct Answer
A
Correct Option:
₦1000

About This Question

This is Post Utme Igbinedion University 2017 Commerce Question 29. It is one of the objective questions from the 2017 Post Utme Igbinedion University Commerce examination.

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