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JAMB UTME - Commerce - 2019

Ibeere 1 Ìròyìn

All but one is not a barriers to foreign trade
Awọn alaye Idahun
Trade Fair is not a barrier to foreign trade. Trade barriers are obstacles that can make it difficult for companies to trade goods and services internationally. There are different types of trade barriers, including natural barriers, economic barriers, and social and language barriers. Natural barriers refer to geographic features such as mountains or oceans that can make it difficult to transport goods. Economic barriers include tariffs, quotas, and other regulations that make it more expensive or difficult to import or export goods. Social and language barriers are cultural and linguistic differences that can make it challenging for companies to do business in other countries. Trade fairs, on the other hand, are events that bring together companies and individuals from different countries to showcase their products and services. Trade fairs can actually facilitate foreign trade by providing a platform for companies to meet and network with potential partners and customers from around the world. Trade fairs can also help to promote international understanding and cooperation, which can be beneficial for foreign trade. In summary, while natural, economic, and social and language barriers can impede foreign trade, trade fairs are not a barrier to foreign trade. In fact, they can actually help to promote and facilitate it.
Ka ìwé ẹ̀kọ́ nípa Trade (WAEC)
Ka ìwé ẹ̀kọ́ nípa Commerce (JAMB)
Ka ìwé ẹ̀kọ́ nípa Trade Associations (JAMB)
Wo Idahun