Past Questions And Answers
(a) State and explain the law of comparative cost advantage. [12 marks]
(b) Give two limitations of the law as a theory of international trade. [8 marks]
View Discussion (0)WAEC 2012 THEORYThe man of God whose word was ignored by kings Ahab and Jehoshaphat was
- A. Elijah
- B. Zedekiah
- C. Malakiah
- D. Micaiah
lf 16/9 , x, 1, y are in Geometric Progression (GP), find the product of x and y.
- A. 9/16
- B. 3/4
- C. 1
- D. 4/3
State as a political entity refers to
- A. An organized group within a definite territory
- B. An association of men in a given society
- C. A branch of a nation
- D. A geographical location
Use the information below to answer questions
Balance as per cash book................N13560
Unpresented cheques.....................N5120
Uncredited lodgements...................N2300
Dividend received not entered
in the cash book........................N2000
Bank charges............................N280
Standing order payments.................N600
Balance as per bank statement............?
Calculate the balance in the bank statement.
- A. N14 680
- B. N15 560
- C. 17 500
- D. 16 380
Select the option that best explains the information conveyed in the sentence.
I was one of those who actively believe in his development programmes?
- A. I was part of those who renounced the programmes
- B. I was the originator of the programmes
- C. I was one of the people who embraced the programmes
- D. I was one of the great number who developed his programmes actively
During the second republic, some local government councils were created by
- A. state governments
- B. the federal government
- C. the national assembly
- D. the judiciary
The bone of the neck on which the skull rests is
- A) odontoid
- B) axis
- C) occipital
- D) atlas
Who are referred to as the salt of the earth by Jesus in His teaching on the Mount?
- A. His disciples
- B. those who are meek
- C. the Scribes
- D. those who are condemned for his sake
Local governments were created in Nigeria mainly to
- A. realize the objective of full employment
- B. bring government nearer to the people
- C. prevent the creation of more states
- D. encourage competition and rivalry amongst ethnic groups

