Post Utme Aaua 2019 Economics Question 39

Practice objective / multiple choice question 39 from the 2019 Post Utme Aaua Economics examination.

Post Utme Aaua 2019 Economics Objective / Multiple Choice
Question 39 POST_UTME_AAUA • 2019 • ECONOMICS • objective

A country has a trade deficit of $100 billion. What is the likely effect on the exchange rate?

Answer Options

A. Appreciate
Correct Answer B. Depreciate
C. No change
D. Uncertain
Correct Answer
B
Correct Option:
Depreciate

About This Question

This is Post Utme Aaua 2019 Economics Question 39. It is one of the objective questions from the 2019 Post Utme Aaua Economics examination.

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