Explain the meaning of foreign trade;
List types of foreign trade;
List qdvantages and disadvantages of foreign trade;
State the barriers of foreign trade;
Differentiate between;
- export,
- import and
- entrepot;
Differentiate between balance of trade and balance of payment;
Similarities between foreign trade and home trade.
Necessary documentation of foreign trade: mail transfer, documentary credit, letter of hypothecate, foreign bill of exchange, . travelers cheque, telegraphic transfer, etc.
Functions of customs and exercise,
Nigerian Export Promotion Council,
Nigerian Airport Authority and
Nigerian Ports Authority.
