Which of the following factors is most likely to encourage t…

JAMB Commerce 2023 180 views
Source: JAMB · 2023

Which of the following factors is most likely to encourage the growth of commerce in a country?

  1. High taxation
  2. Political stability ✓
  3. Poor infrastructure
  4. Limited access to technology
Explanation

Political stability makes traders and investors feel safe. Trade grows when there is peace, secure property and steady laws.

High taxes, poor infrastructure and limited technology make trade harder and more costly.

Was this explanation helpful?

Something wrong or missing? Tell us — we read every report and fix issues fast.

pastQuestions.ng pastquestions.ng