Post Utme Caleb University 2024 Economics Question 1

Practice objective / multiple choice question 1 from the 2024 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2024 Economics Objective / Multiple Choice
Question 1 POST_UTME_CALEB_UNIVERSITY • 2024 • ECONOMICS • objective

The Marshall-Lerner condition states that a country will experience an improvement in its balance of payments if the sum of the percentage changes in its export and import prices exceeds a certain threshold. What is the name of this threshold?

Answer Options

A. The Marshall-Lerner condition
B. The J-curve effect
C. The balance of payments equilibrium
Correct Answer D. The trade deficit threshold
Correct Answer
D
Correct Option:
The trade deficit threshold

About This Question

This is Post Utme Caleb University 2024 Economics Question 1. It is one of the objective questions from the 2024 Post Utme Caleb 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