Post Utme Bells University 2024 Commerce Question 13

Practice objective / multiple choice question 13 from the 2024 Post Utme Bells University Commerce examination.

Post Utme Bells University 2024 Commerce Objective / Multiple Choice

Question 13 POST_UTME_BELLS_UNIVERSITY • 2024 • COMMERCE • objective

A country's balance of payments account can be affected by a decrease in the price of its major export commodity. This can lead to a:

Answer Options

A. decrease in the trade deficit

Correct Answer B. increase in the trade deficit

C. decrease in the trade surplus

D. increase in the trade surplus

Correct Answer

Correct Option:

increase in the trade deficit

About This Question

This is Post Utme Bells University 2024 Commerce Question 13. It is one of the objective questions from the 2024 Post Utme Bells University Commerce examination.

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