Post Utme Achievers University 2017 Economics Question 15

Practice objective / multiple choice question 15 from the 2017 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2017 Economics Objective / Multiple Choice
Question 15 POST_UTME_ACHIEVERS_UNIVERSITY • 2017 • ECONOMICS • objective

A country is experiencing a trade deficit due to a decline in exports. Which of the following policies would be most effective in reducing the trade deficit?

Answer Options

A. Tariff policy
Correct Answer B. Quota policy
C. Export subsidy policy
D. Import substitution policy
Correct Answer
B
Correct Option:
Quota policy

About This Question

This is Post Utme Achievers University 2017 Economics Question 15. It is one of the objective questions from the 2017 Post Utme Achievers University Economics examination.

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