Post Utme Christopher University 2025 Economics Question 26

Practice objective / multiple choice question 26 from the 2025 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2025 Economics Objective / Multiple Choice
Question 26 POST_UTME_CHRISTOPHER_UNIVERSITY • 2025 • ECONOMICS • objective

The government of Nigeria has introduced a new policy aimed at reducing the country's dep\endence on imported goods. The policy involves providing incentives to local manufacturers to produce goods that were previously imported. What is the likely effect of this policy on the country's balance of payments?

Answer Options

Correct Answer A. An improvement in the trade deficit
B. A worsening of the trade deficit
C. No change in the trade deficit
D. An improvement in the trade surplus
Correct Answer
A
Correct Option:
An improvement in the trade deficit

About This Question

This is Post Utme Christopher University 2025 Economics Question 26. It is one of the objective questions from the 2025 Post Utme Christopher University Economics examination.

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