Post Utme Al Hikmah University 2019 Commerce Question 30

Practice objective / multiple choice question 30 from the 2019 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2019 Commerce Objective / Multiple Choice
Question 30 POST_UTME_AL-HIKMAH_UNIVERSITY • 2019 • COMMERCE • objective

A firm's foreign trade policy involves the use of export subsidies to encourage exports. What is the primary effect of an export subsidy on a country's trade balance?

Answer Options

Correct Answer A. To increase the country's trade balance
B. To decrease the country's trade balance
C. To have no effect on the country's trade balance
D. To increase the country's trade deficit
Correct Answer
A
Correct Option:
To increase the country's trade balance

About This Question

This is Post Utme Al Hikmah University 2019 Commerce Question 30. It is one of the objective questions from the 2019 Post Utme Al Hikmah University Commerce examination.

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