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JAMB and WAEC Economics questions: International economic organisations

29 questions with answers and explanations. Tap an option to check yourself.

AllJAMBWAEC
All topicsAgriculture in Nigeria · 30Business organisations · 29Economic growth and development · 30Economic systems · 28Economics as a science · 30Factors of production · 28Financial institutions · 30Industry and industrialisation · 30International economic organisations · 29International trade · 32Market structures · 31Methods and tools of economic analysis · 29Money and inflation · 34National income · 36Natural resources and the Nigerian economy · 30Population · 30Public finance · 31The labour market · 31Theory of consumer behaviour · 30Theory of costs and revenue · 33Theory of demand · 43Theory of price determination · 30Theory of production · 29Theory of supply · 32

  1. Question 1· International economic organisations· JAMB

    The headquarters of the African Development Bank is in

    Explanation and discussion

  2. Question 2· International economic organisations· JAMB

    The main aim of the World Trade Organization (WTO) is to

    Explanation and discussion

  3. Question 3· International economic organisations· WAEC

    The World Bank (IBRD) was established mainly to

    Explanation and discussion

  4. Question 4· International economic organisations· JAMB

    The African Development Bank has its headquarters in

    Explanation and discussion

  5. Question 5· International economic organisations· JAMB

    The IMF helps member countries mainly by

    Explanation and discussion

  6. Question 6· International economic organisations· WAEC

    A trader can move goods from Nigeria to Ghana with fewer barriers because both countries belong to

    Explanation and discussion

  7. Question 7· International economic organisations· WAEC

    The IMF mainly helps member countries with

    Explanation and discussion

  8. Question 8· International economic organisations· WAEC

    The organisation that helps member countries with balance of payments difficulties is the

    Explanation and discussion

  9. Question 9· International economic organisations· JAMB

    The Lake Chad Basin Commission promotes

    Explanation and discussion

  10. Question 10· International economic organisations· WAEC

    The International Monetary Fund (IMF) mainly helps member countries to

    Explanation and discussion

  11. Question 11· International economic organisations· WAEC

    Nigeria is a member of OPEC, an organisation of

    Explanation and discussion

  12. Question 12· International economic organisations· WAEC

    ECOWAS was established in 1975 to

    Explanation and discussion

  13. Question 13· International economic organisations· JAMB

    The World Bank mainly provides

    Explanation and discussion

  14. Question 14· International economic organisations· WAEC

    OPEC is an organisation of

    Explanation and discussion

  15. Question 15· International economic organisations· JAMB

    The Economic Community of West African States was established by the Treaty of

    Explanation and discussion

  16. Question 16· International economic organisations· WAEC

    The World Trade Organisation promotes

    Explanation and discussion

  17. Question 17· International economic organisations· WAEC

    The Economic Community of West African States was established in

    Explanation and discussion

  18. Question 18· International economic organisations· JAMB

    Members of OPEC cooperate mainly to

    Explanation and discussion

  19. Question 19· International economic organisations· WAEC

    A free trade area is an arrangement in which member countries

    Explanation and discussion

  20. Question 20· International economic organisations· JAMB

    The World Bank (IBRD) mainly provides

    Explanation and discussion

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