Post Utme Abu 2020 Economics Question 2

Practice objective / multiple choice question 2 from the 2020 Post Utme Abu Economics examination.

Post Utme Abu 2020 Economics Objective / Multiple Choice
Question 2 POST_UTME_ABU • 2020 • ECONOMICS • objective

A country's balance of payments (BOP) accounts are in equilibrium. What is the implication of this equilibrium on the country's exchange rate?

Answer Options

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

About This Question

This is Post Utme Abu 2020 Economics Question 2. It is one of the objective questions from the 2020 Post Utme Abu Economics examination.

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