Post Utme Coal City University 2025 Commerce Question 4

Practice objective / multiple choice question 4 from the 2025 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2025 Commerce Objective / Multiple Choice
Question 4 POST_UTME_COAL_CITY_UNIVERSITY • 2025 • COMMERCE • objective

A country is considering the imposition of tariffs on imported goods. Which of the following effects would the tariffs have on the country's trade balance?

Answer Options

A. The tariffs would increase the country's trade balance.
Correct Answer B. The tariffs would decrease the country's trade balance.
C. The tariffs would have no effect on the country's trade balance.
D. The tariffs would increase the country's imports and decrease its exports.
Correct Answer
B
Correct Option:
The tariffs would decrease the country's trade balance.

About This Question

This is Post Utme Coal City University 2025 Commerce Question 4. It is one of the objective questions from the 2025 Post Utme Coal City University Commerce examination.

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