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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What does transport in trade refer to?
💡 Hint: Think about how goods are delivered.
Question 2
Easy
Name one benefit of banking in trade.
💡 Hint: Consider how payments are made.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is one of the main aids to trade?
- Marketing
- Transport
- Sales
💡 Hint: Think about how goods get from one place to another.
Question 2
True or False: Insurance is not important for businesses engaging in trade.
- True
- False
💡 Hint: Consider the potential losses a business could face.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
A new company wants to enter the market but is hesitant due to potential losses. Discuss how insurance could provide them the confidence to proceed.
💡 Hint: Consider how companies manage risks associated with unexpected events.
Question 2
In a scenario where advertising is drastically cut, what effects might this have on sales for a company?
💡 Hint: Think about how you learn about new products.
Challenge and get performance evaluation