Post Utme Caleb University 2020 Economics Question 1

Practice objective / multiple choice question 1 from the 2020 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2020 Economics Objective / Multiple Choice
Question 1 POST_UTME_CALEB_UNIVERSITY • 2020 • ECONOMICS • objective

Consider a country with a balance of payments deficit. Which of the following would be a consequence of this deficit?

Answer Options

A. Increased foreign investment
B. Decreased domestic consumption
C. Reduced exchange rate
Correct Answer D. Increased trade deficit
Correct Answer
D
Correct Option:
Increased trade deficit

About This Question

This is Post Utme Caleb University 2020 Economics Question 1. It is one of the objective questions from the 2020 Post Utme Caleb University Economics examination.

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