ECONOMICS A LEVEL(FORM SIX) NOTES – INTERNATIONAL TRADE
INTERNATIONAL TRADE – Is the trade taking place between two or more countries.Bilateral trade – Is the trade taking place between two countriesMultilateral trade :
BOOK KEEPING O LEVEL(FORM THREE) NOTES – MANUFACTURING ACCOUNT
MANUFACTURING ACCOUNTBusiness can be classified into two types: merchandising and manufacturing. Merchandising firms deal with buying and selling manufactured goods, while manufacturing firms process raw
BOOK KEEPING O LEVEL(FORM ONE) NOTES – FINAL ACCOUNT
Final AccountTrading Account & Profit and Loss AccountThe primary purpose of a business is to earn profit. A trader needs to know how well the
BOOK KEEPING O LEVEL(FORM ONE) NOTES – CLASSIFICATION ACCOUNTING
CLASSIFICATION ACCOUNTINGAccount can be classified into two main categories; a). Personal account. b). Impersonal account. 1. PERSONAL ACCOUNTPersonal account is for a name of persons
ECONOMICS A LEVEL(FORM SIX) NOTES – ECONOMIC INTEGRATION AND COOPERATION
ECONOMIC INTEGRATION AND COOPERATIONCONCEPT OF ECONOMIC INTEGRATION: Economic integration is the union of countries that have common objectives and agree to cooperate in order to
ECONOMICS A LEVEL(FORM SIX) NOTES – NATIONAL INCOME
NATIONAL INCOMEDefinition: National income is the total flow of income obtained by individuals in an economy within a year.OR– It is the total value of
ECONOMICS A LEVEL(FORM SIX) NOTES – ECONOMIC GROWTH AND DEVELOPMENT
ECONOMIC GROWTH AND DEVELOPMENT Economic growth is the quantitative increase in national income produced in an economy, or the increase in the market value of
THE SCOPE OF COMMERCE – Commerce FORM ONE NOTES
Definition of commerce;Commerce is the study of exchange and distribution of goods and services from the point of production to the point of consumption to