Post Utme Crawford University 2019 Economics Question 19

Practice objective / multiple choice question 19 from the 2019 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2019 Economics Objective / Multiple Choice
Question 19 POST_UTME_CRAWFORD_UNIVERSITY • 2019 • ECONOMICS • objective

A country is experiencing a trade deficit. What does this mean?

Answer Options

A. The country is exporting more goods than it is importing
Correct Answer B. The country is importing more goods than it is exporting
C. The country is experiencing economic growth
D. The country is experiencing economic decline
Correct Answer
B
Correct Option:
The country is importing more goods than it is exporting

About This Question

This is Post Utme Crawford University 2019 Economics Question 19. It is one of the objective questions from the 2019 Post Utme Crawford University Economics examination.

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