Post Utme Achievers University 2020 Economics Question 31

Practice objective / multiple choice question 31 from the 2020 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2020 Economics Objective / Multiple Choice
Question 31 POST_UTME_ACHIEVERS_UNIVERSITY • 2020 • ECONOMICS • objective

The Marshall-Lerner condition states that a country's balance of payments will improve if the sum of the percentage changes in its export and import prices exceeds a certain threshold. What is the threshold value?

Answer Options

A. 10%
B. 20%
C. 30%
Correct Answer D. 40%
Correct Answer
D
Correct Option:
40%

About This Question

This is Post Utme Achievers University 2020 Economics Question 31. It is one of the objective questions from the 2020 Post Utme Achievers University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support