LEGITIMATE TRADE

Legitimate trade is a trade in?

• Textiles

• Raw materials

• finished goods

• Foreign materials

Legitimate trade is also called?

• Commodity trade

• Caravan trade

• Triangular trade

• Local trade

The evolution of legitimate trade was traced to -----

• Slave trade

• Abolition of slave trade

• Berlin conference

• Non of the above

The abolition of slave trade gave rise to

• Nationalism

• Democracy

• Colonialism

• Legitimate trade

Legitimate trade was fueled by

• Industrial revolution

• Imperialism

• Capitalism

• Communism

The demand for palm oil by the European was among other things used to?

• Cook

• Lubricate the industrial machines

• Non of the above

• All of the above

Articles of the legitimate trade include?

• Car

• Tertiles

• Groundnut

• Beans

The system of exchange in the Legitimate trade was ?

• Pawning

• Trade by barter

• Mortgage

• E-commerce

European nations involved in the legitimate trade include the following except

• Germany

• Britain

• France

• Italy

European companies that coordinated the legitimate trade include the following except

• Royal Niger Company

• John Holt's and Company

• Julius Berger and Company

• Messrs Miller Brother and Company