Post Utme Abu 2018 Economics Question 16

Practice objective / multiple choice question 16 from the 2018 Post Utme Abu Economics examination.

Post Utme Abu 2018 Economics Objective / Multiple Choice
Question 16 POST_UTME_ABU • 2018 • ECONOMICS • objective

A country's economic growth is influenced by its balance of payments. If the balance of payments is in surplus, what is the likely effect on the country's exchange rate?

Answer Options

Correct Answer A. The exchange rate will appreciate.
B. The exchange rate will depreciate.
C. The exchange rate will remain unchanged.
D. The exchange rate will fluctuate.
Correct Answer
A
Correct Option:
The exchange rate will appreciate.

About This Question

This is Post Utme Abu 2018 Economics Question 16. It is one of the objective questions from the 2018 Post Utme Abu Economics examination.

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