Post Utme Lautech 2019 Commerce Question 5

Practice objective / multiple choice question 5 from the 2019 Post Utme Lautech Commerce examination.

Post Utme Lautech 2019 Commerce Objective / Multiple Choice
Question 5 POST_UTME_LAUTECH • 2019 • COMMERCE • objective

A company's foreign trade involves importing goods from another country. What is the term for this type of trade?

Answer Options

A. Export
Correct Answer B. Import
C. Trade deficit
D. Trade surplus
Correct Answer
B
Correct Option:
Import

About This Question

This is Post Utme Lautech 2019 Commerce Question 5. It is one of the objective questions from the 2019 Post Utme Lautech Commerce examination.

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