Post Utme Lautech 2018 Commerce Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Lautech Commerce examination.

Post Utme Lautech 2018 Commerce Objective / Multiple Choice
Question 24 POST_UTME_LAUTECH • 2018 • COMMERCE • objective

A company exports goods to a foreign country. What is the term for the process of exchanging goods or services for money?

Answer Options

A. Importation
B. Exportation
C. Trade
Correct Answer D. Foreign exchange
Correct Answer
D
Correct Option:
Foreign exchange

About This Question

This is Post Utme Lautech 2018 Commerce Question 24. It is one of the objective questions from the 2018 Post Utme Lautech Commerce examination.

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