NECO 2022 Commerce Question and Answer

By expo July 27, 2022 NECO 0 Comments

2022 NECO COMMERCE ANSWERS
***************************************
Commerce Objective Answer
1ACBEDCABBA
11DACACEDEDE
21EEAEDDCBAB
31BABADADCDE
41CBEDEACCEB
51EEECCBBADE

Completed
***************************************
THEORY ANSWERS.!!

(6a)

(1) DIRECT SERVICE
(i) Direct service is service paid directly by those who enjoy them.
(ii) Direct service providers render their services to people who are willing to pay for them.

(2) INDIRECT SERVICE
(i) Indirect service providers render services to the general public and are paid indirectly by the general public through taxes paid to the government.
(ii) Indirect service is a government-funded service that is delivered to the general public.

(6b)
(i) Devaluation
(ii) Imposition on embargo
(iii) Import quota
(iv) Reduction of exercise duty
(v) Licence
(vi) Tariff

(6c)
(i) Regulatory Measures:
Every country wants to export its surplus natural resources, agricultural produce and manufactured goods to the extent, it can and import only these goods and products which are not produced or manufactured within the country. For this purpose regulatory measures like tariff barriers (custom duties) non-tariff barriers, quota restrictions, foreign exchange restrictions, technological and administrative regulations, consulter formalities, state trading and preferential arrangements, trade agreements and joint commissions etc. Come in the way of free trade and unfettered flow of foreign business.

(ii) Procedural Difficulties:
Different countries have evolved different procedures, practices and documents in order to regulate the export trade. Some of these such as foreign exchange control regulations and others have been formulated after keeping in view the national objectives and have posed certain procedural problems to exporters and importers.

(iii) Risk in transit:
Foreign trade involves much greater risk than home trade. Goods have to be transported over long distances and they are exposed to perils of the sea. Many of these risks can be covered through marine insurance but increases the cost of goods.

(iv) Lack of information about foreign businessmen:
In the absence of direct and close relationship between buyers and sellers, special steps are necessary to verify the creditworthiness of foreign buyers. It is difficult to obtain reliable information concerning the financial position and business standing of the foreign traders. Therefore, credit risk is high.

(v) Import and export restrictions:
Every country charges customs duties on imports to protect its home industries. Similarly, tariff rates are put on exports of raw materials. Importers and exporters have to face tariff restrictions.
They are required to fulfill several customs formalities and rules. Foreign trade policy, procedures, rules and regulations differ from country to country and keep on changing from time to time.
***************************************

(7a)
Balance of trade refers to the total value of goods sold and bought by a country during a given period, usually a year. When visible exports equal visible imports in monetary terms we have balance of trade.

(7b)
(i)Favourable Balance of Payments
(ii) unfavourable Favourable Balance of Payments

EXPLANATION:
(i)Favourable Balance of Payments: Favourable balance of payment occurs when the receipts from invisible and visible export trade is greater than payments to other countries on invisible and visible imports trade. A credit balance can be used to increase investment abroad or to add to a country’s gold reserve.
(ii)Unfavourable Balance of Payments: Unfavourable balance of payments is used for a debit balance in the balance of payments. It means that payments on visible and invisible import is greater than receipts on visible and invisible export.

(7c)
{PICK ANY FOUR}
(i)Generation of revenue: Tariffs are also imposed to generate revenue for the country. Many countries derive their revenue from import and export duties.
(ii)To prevent dumping: Tariffs are imposed to prevent dumping of goods from foreign countries. This is to prevent foreign goods from being sold at prices slower than the home price.
(iii)To improve balance of payments deficit: By imposing tariffs on imported goods, the unfavourable balance of payments can be corrected because importation will be discouraged.
(iv)To prevent importation of dangerous goods: Dangerous or no harmful goods from other countries are prevented from being imported, through restriction.
(v)Employment generation: Countries impose tariffs to encourage the establishment of local industries or enhance the expansion and growth of existing ones so as to provide job opportunities.
(vii)To promote self-sufficiency: Tariffs are also imposed on imported goods to enable a country be self sufficient in production of numerous goods.
***************************************

(8a)
Communication is the transmission of messages or information from one source to another.

(8b)
{PICK ANY FOUR}
(i) It enhances contact with suppliers of goods and services
(ii) For advertisements-Businesses need to inform the public about the availability of their products
(iii) Communication is needed for payment of business transactions
(iv) Communication aids effective business management by providing the necessary information for sound decisions and also keeping staff and management well in-formed.
(v) Feedback/contact with customers Communication helps a business to interact with its customers/market re-search thus enabling firms to improve their products.
***************************************

(9a)
An economic grouping is the coming together of different countries with common economic interests and goals to promote economic cooperation and development among member states.

(9b)
{PICK ANY FOUR}
(i) To promote co-operation and development in all fields of economic activity
(ii) To raise the standard of living of the people
(iii) To increase and maintain economic stability in the sub-region
(iv) To have regional economic co-operation
(v) To abolish obstacle to the free movement of persons, goods and services between member states
(vi) To harmonize monetary policies as required for the proper functioning of the community.
(vii) To maintain political stability in the event of crisis

(9c)
(i) The Executive Secretariat:
It is responsible for coordination of the work of the Department of State internally, serving as the liaison between the department’s bureaus and the offices of the Secretary, deputy secretaries, and under secretaries.
(ii) The Tribunal of the Community:
Tribunal is responsible for interpreting ECOWAS treaties. The ECOWAS Tribunal is the judicial organ of the community, It ensures that law and justice prevail in the interpretation and implementation of ECOWAS treaty.
***************************************
Completed.!!

The National Examinations Council, confirmed 2022 NECO Commerce question and answer for this year (2022) is live here on Expospy.com.ng, the best exam portal of all time.

Are you one of the candidates sitting for the the Nigerian Senior School Certificate Examination (SSCE) and looking for where to get the real 2022 NECO Commerce question and answer? Find nowhere again as you are in the right place to get it.

As extracted from the 2022 timetable, NECO Commerce will be held Thursday, 28/07/2022.

Here is the schedule of all exams scheduled for the day.

Thursday 28th July 2022

Commerce (Objective & Essay) – 10:00am – 12:40pm

===============================================

Table of Contents

How to get 2022 NECO Commerce question and answer

To get accurate Commerce answers, both obj and essay/theory delivered to you, kindly follow this instruction.

So you are still asking yourself, How do I get Confirmed NECO Commerce Answer 2022? Here are the details.

1. WhatsApp Answer

Send MTN Recharge Card worth N800 to get the whole 2022 NECO Commerce question and answer on your WhatsApp inbox.

2. Online Pin/Password Answer

Send MTN Recharge Card worth N800 to get the whole NECO Commerce question/answer online via our password-protected page here.

How to Subscribe:

1. For WhatsApp Answer

Send the Recharge card pin, Subject name (NECO Commerce 2022) as a WhatsApp message to 09050785267 on WhatsApp.

Warning: Please don’t call the number and don’t message the number on WhatsApp if you didn’t agree to anything posted here. If you know you do not have a specified amount, don’t bother to text the number.

2. For the Password link answer

Send The card pin, Subject name (NECO Commerce Answer), and your phone number as SMS to 09050785267.

Warning: Please don’t call the number and don’t message the number on WhatsApp if you don’t agree to anything posted here. If you know you do not have a specified amount, don’t bother to text the number.

Please carefully follow the instructions so that we can better assist you.
Please do not call us because the number is inactive for the call; instead, send us an SMS or Whatsapp message, and we will respond to your text as fast as possible.
Please don’t come to WhatsApp and start asking irrelevant questions so that we will not ignore your message; kindly go straight to the point.
If you have a trust issue or think we can scam you ordinary N500 or N800, please leave this and go and face the exam with your brain and do it if it is easy.
Kindly make sure you subscribe a day before an exam to make your subscription faster and receive answers earlier.

CLICK HERE TO ENTER THE PASSWORD AND VIEW THE ANSWER

Difference between Whatsapp and online answers.

Whatsapp Candidate Gets Answers on the Whatsapp platform.
On this subscription package, We will send both OBJ and Essay to you on Whatsapp via our broadcast list.
Online Password link Candidates Gets Answers on pin protected page.
On this subscription package, We will send a Password/Pin directly to your phone number, which you will use to access the Answers Online on our ANSWER PORTAL.

NOTE: All Message Sent To The Above Number Are Attended To. The Phone Number Might Not Be Available To Avoid Distraction.

Again, please do not call us because the number is inactive for the call; instead, send us an SMS or WhatsApp message, and we will respond to your text as fast as possible.

Expospy has never failed or scammed a student, and we pledge to continue providing the best to our candidates and subscribers, including the NECO Commerce expo runs.

N500 can save you from writing the 2022 SSCE Commerce question next year if you subscribe now. Heaven helps those who help themselves.

Please Don’t Come Here For Free Answers So That You Won’t Be Disappointed.

About 2022 NECO Question And Answer

The NECO SSCE is an examination taken by students in their last stage of Secondary School Education. The SSCE is in two categories. One is for candidates in the third and final year of their senior secondary education. It is called SSCE Internal, written between June and July. The Second is NECO GCE External and is for candidates not in the School system, i.e., Private Candidates, written between November and December.

NECO 2022 Exam Expo/Runs, 2022 NECO Questions & Answers for all the subjects and Practical will be available 5hrs or midnight before exam time exclusive to Expospy.com.ng candidates only. Subscribe now and be ready to receive the correct NECO 2022/2023 questions and answers directly on WhatsApp to be free from the NECO exam, and we will also add you to our official NECO WhatsApp group.

Expospy remains the best because we send the correct NECO answers that have been solved, crosschecked, and verified by our experienced teachers/tutors.

Take it or leave it; here is another opportunity for candidates taking the National Examination Council, NECO June/July Exam for the 2022/2022 sessions. Having a lot of testimonies from candidates every year including the just concluded WAEC shows indeed that we are what, we are authentic; we are the best. You can ask former candidates they will tell you.

Getting your NECO Commerce Expo 2022 runz questions and answers midnight or 5 hours to your exam from the Best Exam Expo portal and wave final bye-bye to Secondary school.

As you all know, Expospy is a portal created for all candidates for any exam to help get good grades which NECO 2022 is not excluded. That is why we are being called the Best Exam Portal. It is no longer news that candidates make use of Expo in the Nigerian Senior School Certificate of Examination (SSCE).

If you need to come up short or actually don’t use Expo, this chance is open to everybody. Our 2022 NECO question and answer expo are for all candidates who need to free themselves from O’level bondage.

Presently, let me unveil you entirely to the program. Expospy.com.ng is handling the 2022 NECO Expo. EXPOSPY is well-known as the best exam expo portal where you can get sure NECO, NECO, NABTEB, IJMB, JUPEB, and JAMB help. For the NECO 2022 Expo, you should subscribe if you need questions and answers to the paper for it to be delivered to you before your exam time.

You can get NECO Question and Answer 2022 Runz and Expo to your registered Phone Number, Whatsapp, or password page before the exam starts. 100% Guaranteed.

If you are reading this, it simply means that you’re looking for correct & verified NECO questions and answers before exams. My dear, you are in the right expo portal” calm down and read carefully. So that you will understand how it works and how you can easily get verified NECO Expo, NECO runs 24hrs before the exam.

Available Subject For NECO 2022 Question And Answer

Are you a NECO candidate sitting for this year’s examination and looking for the 2022 NECO Commerce answer or the 2022 NECO Answer and Commerce Free 2022 NECO May/June expo answer? Search no more as Expospy.com is now there for you for the best assistance ever to make sure you pass this year’s NECO.

List Of 2022 NECO Expo subject that we will provide question and answer expo runz to;

Objectives, theory, practical questions/answers NECO exam 2022 question & answers (whether you are an Art, a Science, or Commercial student).

English Language
Mathematic
Economics
Literature in English
CRK
IRK
History
Government
Physics
Chemistry
Biology
Civic Education
Geography
Agric Science
Accounting
Commerce
Further Mathematics
Animal Husbandry
Computer Studies
Computer Studies
Fisheries
Office Practices
Computer Studies
History
Health Science
Catering Craft
Food and Nutrition
Basic electricity
Technical drawing
Catering and craft practices
Tourism

Practical

Biology
Chemistry
Physics
Agricultural Science
Geography
Animal husbandry
Food and Nutrition
Catering and craft practice
Tourism
Basic electricity
Technical drawing
Health science

How to get NECO 2022 Questions and Answers

NOTE: NECO is the most recognized O’level certificate exam in Nigeria as it is been controlled by the Federal Commerce, so it is strict even more than WAEC or JAMB. NECO Security is tight. We collect real NECO question papers from invigilators, solve and send them to you hours to minutes before your exam starts; both Obj and Theory answer will be Sent to you via WhatsApp or an online password protected page. Yes!!!

Join 2022 NECO Commerce WhatsApp Group

I, Mr. Spy of Expospy.com.ng, have long ago created the NECO VIP WhatsApp group link for interested persons, tutors, principals agents, and teachers. NECO VIP group is where all NECO questions and answers are dropped hours before the exam time on the timetable. Being part of enjoying the benefits of this great group, pay and submit your details early. It is only for nine subjects, or all subject subscribers are allowed.

NECO 2022 Expo Subscription Method

If you need any of the stated subjects above, proceed to make payments for your success.

Payment Modes

Recharge Card (MTN)

Check out the price list of the number of subjects you want to subscribe to.

SUBSCRIPTION PRICE LIST FOR WHATSAPP PLAN

WHATSAPP PLAN: In this plan, you get a WhatsApp message where Obj & theory answers are posted to your WhatsApp number, including Practicals.

ALL Subjects(Science, Art, Commercial) + Practicals: N15,000
9/8/7 Subjects + Practicals: N7,000
9/8/7 Subjects – Practicals: N6,000
6 Subjects + Practicals: N5,500
5 Subjects + Practicals: N4,000
Payment Per Subject: N500, N800
Payment Per Practical: N500
ENGLISH & MATHEMATICS: N1,000 each

SUBSCRIPTION PRICE LIST FOR PASSWORD/LINK

PASSWORD/LINK RUNS: In this plan, you get a message to your phone and a WhatsApp message with a link/password to where Obj & theory answers are posted online, including practicals.

ALL Subjects(Science, Art, Commercial) + Practicals: N12,000
9/8/7 Subjects + Practicals: N7,000
9/8/7 Subjects – Practicals: N6,000
6 Subjects + Practicals: N5,500
5 Subjects + Practicals: N4,000
Payment Per Subject: N800, N500
Payment Per Practical: N500
ENGLISH & MATHEMATICS: N1,000 each.

Where to get NECO Commerce Answers 2022

The only guarantee website and best exam portal you can get in 2022 NECO Commerce answer is Expospy.com.ng.

Over the years, we’ve been into the system, and our record speaks for us.

Expospy will never and ever provide you with fake exam questions and answers. We only dispatch after verification.

Beware of those fake website that will promise you that answer will be sent to you two days before the exam start. They are all fake and will only collect your money and send you an answer while the examination has already started.

=========================

Expospy.com.ng posts NECO Commerce expo answer 2022 earlier than others
============================

GOODLUCK!!!