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ZIMSEC O-Level Commerce

6.2Trade

Trade in ZIMSEC O-Level Commerce: what the syllabus expects you to know, the learning objectives and how to practise.
Topic204 practice questions12 lessons

In this topic

Lessons

  • Introduction to trade: barter, money and the branches of trade

    25 min

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  • Wholesale trade, marketing boards and commodity markets

    30 min

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  • E-commerce and trends in retailing

    30 min

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  • Retail trade: functions and types of retailer

    30 min

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  • Hire purchase, credit sales and other forms of credit

    30 min

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  • Documents used in home trade, and trade and cash discounts

    35 min

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  • Documents and customs in foreign trade

    30 min

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  • Foreign trade: reasons, difficulties and intermediaries

    30 min

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  • Free trade, protectionism, tariffs and quotas

    30 min

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  • Trading blocs and economic integration

    30 min

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  • Balance of trade and balance of payments

    35 min

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  • Exchange rates: appreciation, depreciation and their effects

    28 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Trade: sample question

1 mark

The exchange rate changes from US$1 = 17 rand to US$1 = 19 rand. What has happened?

Choose one answer

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