Factors affecting the growth of commerce. - SS1 Commerce Past Questions and Answers - page 1

1

Which factor refers to the overall economic health of a country?

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A

Infrastructure

B

Economic Conditions

C

Government Policies

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2

What role does technology play in commerce?

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A

Enabling new business models

B

Establishing government policies

C

Determining market demand

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3

What factor contributes to market reach and global expansion?

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A

Government policies

B

Technological advancements

C

Economic conditions

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4

Why is political stability important for commerce?

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A

It determines market demand

B

It attracts foreign direct investment

C

It attracts foreign direct investment

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5

What contributes to the competitiveness of domestic businesses?

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A

Global trade and market access

B

Market demand

C

Economic conditions

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6

Name one example of infrastructure that is important for commerce.

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7

How does a stable socio-political environment affect commerce?

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