Post Utme Coal City University 2022 Commerce Question 28

Practice objective / multiple choice question 28 from the 2022 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2022 Commerce Objective / Multiple Choice

Question 28 POST_UTME_COAL_CITY_UNIVERSITY • 2022 • COMMERCE • objective

A country's trade balance is in surplus when its exports exceed its imports. Which of the following is a consequence of a trade surplus?

Answer Options

A. Increased employment

B. Increased inflation

Correct Answer C. Increased foreign exchange reserves

D. Increased government revenue

Correct Answer

Correct Option:

Increased foreign exchange reserves

About This Question

This is Post Utme Coal City University 2022 Commerce Question 28. It is one of the objective questions from the 2022 Post Utme Coal City University Commerce examination.

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