Post Utme Al Hikmah University 2022 Economics Question 12

Practice objective / multiple choice question 12 from the 2022 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2022 Economics Objective / Multiple Choice

Question 12 POST_UTME_AL-HIKMAH_UNIVERSITY • 2022 • ECONOMICS • objective

A country's balance of payments is in equilibrium when the current account is equal to the capital account. 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

Correct Option:

The exchange rate will remain cons\tant.

About This Question

This is Post Utme Al Hikmah University 2022 Economics Question 12. It is one of the objective questions from the 2022 Post Utme Al Hikmah University Economics examination.

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