Post Utme Crawford University 2019 Economics Question 35

Practice objective / multiple choice question 35 from the 2019 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2019 Economics Objective / Multiple Choice

Question 35 POST_UTME_CRAWFORD_UNIVERSITY • 2019 • ECONOMICS • objective

A country is experiencing a trade deficit, and the government decides to implement a trade policy to reduce the deficit. Which of the following trade policy tools is most likely to be used?

Answer Options

Correct Answer A. Implement tariffs to increase import \costs.

B. Reduce import quotas to increase imports.

C. Implement export subsidies to increase exports.

D. Reduce export taxes to increase exports.

Correct Answer

Correct Option:

Implement tariffs to increase import \costs.

About This Question

This is Post Utme Crawford University 2019 Economics Question 35. It is one of the objective questions from the 2019 Post Utme Crawford University Economics examination.

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