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Paper 2 · November 2004 · Production

How does banking assist an exporter of tobacco?

ABy advertising the tobacco crop on the sides of the exporter's own delivery vehicles and packaging
BBy insuring the tobacco crop against loss from fire, theft, drought or accidental damage in transit
CBy ferrying the tobacco crop physically to its export destination
DBy providing a current account, safe custody of documents, and finance such as loans

Explanation

Banking provides current/savings accounts, safe custody, and finance such as loans or overdrafts.

Derived from ZIMSEC Commerce 7103/02 Paper 2, November 2004, Q1

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