Post Utme Oau 2023 Commerce Question 26
Practice objective / multiple choice question 26 from the 2023 Post Utme Oau Commerce examination.
In a foreign trade transaction, a Nigerian exporter sells a consignment of goods to a buyer in the United States. The exporter is paid in US dollars, but the exporter's bank charges a commission of 2% on the transaction value. If the transaction value is 10,000, what is the amount of commission paid to the exporter's bank?
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About This Question
This is Post Utme Oau 2023 Commerce Question 26. It is one of the objective questions from the 2023 Post Utme Oau Commerce examination.
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