Post Utme Lasu 2024 Commerce Question 27

Practice objective / multiple choice question 27 from the 2024 Post Utme Lasu Commerce examination.

Post Utme Lasu 2024 Commerce Objective / Multiple Choice
Question 27 POST_UTME_LASU • 2024 • COMMERCE • objective

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

Answer Options

A. It allows the firm to reduce its production costs
B. It allows the firm to increase its market share
Correct Answer C. It allows the firm to reduce its reliance on domestic suppliers
D. It allows the firm to increase its exports
Correct Answer
C
Correct Option:
It allows the firm to reduce its reliance on domestic suppliers

About This Question

This is Post Utme Lasu 2024 Commerce Question 27. It is one of the objective questions from the 2024 Post Utme Lasu Commerce examination.

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