Question 5
A sample of a cheque was presented and the following questions were asked
- (i) Name the document above.
(ii) For which account would the document be used?
(iii) Indicate what letters A-H in the diagram above represent.
- State five ways that tourism enhances the growth of commerce.
Observation
Most candidates who attempted this question could not identify the parts of the cheque correctly. For tourism, the could not relate their responses to growth of commerce
The expected responses to the question include:
(a)
- It is a cheque.
- It could be used with a current or savings account.
- Cheque number
- Drawee
- Date of issue
- Amount in figures
- Drawer
- Account number
- Payee
- Signature of drawer
(b) Ways in which tourism enhances the growth of commerce
- Tourism creates employment in the country that is being visited by travellers/It improves the standard of living in the host country.
- Businesses in the host country would benefit heavily from tourism in terms of income generation.
- There is the development of economies of both countries through intercultural exchange.
- Countries invest a lot of money in infrastructural development of tourist areas and creates
avenue for more businesses. - Tourism creates a bond between the travellers’ country and the country being visited thereby creating peaceful environment for commerce to thrive.
- It draws investors to places of tourist attraction.
- Tourism assists in extending markets for local products in another country
- It generates foreign currency for the host country.