Correct Answer: D. del credere agent

Correct Answer: A. production of goods

Correct Answer: D. social responsibility

Correct Answer: B. Niamey

Correct Answer: A) countertrade

Explanation

The other options listed in the question are also related to international trade, but they are not the correct answer for this particular question. Multilateral trade refers to trade agreements between more than two countries, bilateral trade refers to trade agreements between two countries, and entrepot trade refers to a type of trade where a country acts as a middleman and re-exports goods to other countries.

So, in summary, in international trade, the direct exchange of goods for goods is called countertrade.

Correct Answer: B. vending machine

Correct Answer: D. external factors

Explanation

External factors of business environment refer to those factors outside the purview of the organization's control that can affect the business, its operations, profits, etc. These factors further impact the internal forces in an organization to a great extent. The effects can be positive or negative.

Correct Answer: B. ordinary shareholders

Explanation

(a)Members of ECOWAS

• Nigeria
• Senegal
• Ghana
• Sierra Leone
• Guinea
• Burkina Faso
• Liberia
• Mali
• Niger Republic

(b)Factors Hindering achievement of ECOWAS Objectives

• Fear of domination – members are always suspicious and afraid of each other because of the uneven development in the region.
• Currency differences - the differences in currency among member nations had made the transfer of capital difficult and also reduced trading activities.
• Cultural and Language differences – members have different cultures and languages which inhibit proper integration.
• Political Instability - the constant changes in government among member nations as a result of coups lead to political instability in the sub-regions.
• Political Ideology/Colonial Ties - the West African region is split into
• French and English speaking countries. Member countries still lean to their colonial masters.
• Contribution from members – the irregular payment of fund by members adversely affect the achievement of the ECOWAS objectives.
• Failure of members to Implement Resolutions:- Members of the sub-region fail to implement resolutions.
• Lack of infrastructural facilities:- Infrastructural facilities are not adequate in most of the member countries.

(c)Objectives of the Niger Basin Commission

• To ensure the most effective utilization of the resource of the River basin including navigation.
• To streamline the construction of dams on the River Niger.
• To collect, evaluate, and dissimilate data on the basin.
• To promote studies on the agricultural potentials of the River Niger.
• To draw up general regulations to ensure the implementation of the principles set forth in the Act of Niamey.
• To enhance economic co-operation and development among its members.
• To undertake schemes to control flood, erosion and pollution.

Correct Answer: C. Goods are on display with price tags

Explanation

One distinguishing characteristics of Supermarkets is the display of varieties of goods including other non-food items such as medicines, cosmetics, ready-made garments, household goods with price tags clearly stated