CBT-Practice

WAEC Commerce · Section 1

Trade Associations, Capital/Profits, Home and Foreign Trade

Detailed Syllabus

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Syllabus content and objectives

Official WAEC Commerce outline · Detailed Syllabus

Content

Trade associations, business capital/turnover calculation, retail/wholesale trade, channels of distribution, international trade concepts, tariffs

Objective

Understand roles of Trade Associations and Chambers of Commerce; calculate working capital, profits, and turnover; differentiate retail types, wholesale middleman functions, and channels of distribution; explain foreign trade (imports, exports, entrepôt), balance of trade/payments, tariffs, customs, and port authorities.

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