An argument for the use of commercial policy rest on the need to

Assessment: WAEC SSCE - Economics - 2022 (Objective) Subject: Economics

Question 1 Report

An argument for the use of commercial policy rest on the need to
Answer Details
Commercial policy may be defined as one that helps in accelarating the rate of economic development. by enabling the under-developed country to have larger share of the gains from trade, by augmenting the rate of capital formation and by promoting industrialization and maintaining equilibrium in the balance of payments.
Read lesson note on Methods And Tools Of Economic Analysis (JAMB)
Read lesson note on International Trade (JAMB)
Read lesson note on Economics As A Science (JAMB)
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