Salesmanship WASSCE (SC), 2018

Question 6

(a)        What is International trade?
                                             
(b)        State seven barriers that would be encountered in a trade between Nigeria and China.

Observation

Candidates attempted the (a) part of the question well. However in the (b) part of the question, most candidates listed the barriers instead of stating them in sentences as required in the question.

The responses expected from candidates are:

            (a) International trade is the exchange, buying and selling of goods and services between two or more countries.                                                                                
(b) Barriers to International Trade
(i) Distance between the countries may be too far to guarantee smooth trade transactions
(ii) Differences in currency will affect international trade
(iii) Differences in languages will make it difficult for countries to interact effectively
(iv) Difference in law and legal interpretation will affect trade relationship
between countries
(v) Differences in culture constitutes a stumbling block in international trade
(vi) Differences in climate conditions will constitute a problem in international trade
(vii) Negative attitude towards foreign investors will affect international trade
(viii) The state of the political environment (political instability) will affect international
trade
(ix) Poor transportation and telecommunication facilities will affect international trade
(x) Unequal trade transaction between countries is an obstacle to international trade
(xi) Artificial barriers like protectionist users constitute obstacle to international trade