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- 1. Multiple Choice
A place where buyers and sellers meet to exchange goods and services is called
post office
bank
market
commerce
- 2. Multiple Choice
Buying and selling of fish and tomatoes at Oyingbo market in Lagos State is regarded as
entrepot
import
external trade
home trade
- 3. Multiple Choice
Which of the following instruments is traded in money market
Bond
debenture
gilt-edge
shares
treasury bill
- 4. Multiple Choice
The buying and selling of goods in Nigeria is an example of _________ trade
foreign
import
entrepot
export
home
- 5. Multiple Choice
The following are traded in money market except?
bill of exchange
commercial paper
debenture
treasury bill
- 6. Multiple Choice
Individual who buys goods for sales is called?
agent
customer
brother
hazard
traders
- 7. Multiple Choice
finished goods reach the final consumer with aid of
retailer and consumer
wholesaler and retailer
brothers and retailers
producers and sellers
manufacture and consumer
- 8. Multiple Choice
___________ is an economic institution that brings people together for the purpose of buying and selling
market
industry
banks
shopping malls
- 9. Multiple Choice
instrument traded in capital markets include all except
cash
shares
debenture
bond
- 10. Multiple Choice
A market can take any of these forms except
retail market
stalls
shops
church
open air market
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