Post Utme Delsu 2017 Economics Question 1

Practice objective / multiple choice question 1 from the 2017 Post Utme Delsu Economics examination.

Post Utme Delsu 2017 Economics Objective / Multiple Choice
Question 1 POST_UTME_DELSU • 2017 • ECONOMICS • objective

The Marshall-Lerner condition states that a country's balance of payments will improve if the sum of the percentage changes in its export and import prices exceeds a certain threshold. What is the name of this threshold?

Answer Options

A. The Marshall-Lerner condition
B. The J-curve effect
Correct Answer C. The Balance of Payments equilibrium
D. The Elasticity of Demand
Correct Answer
C
Correct Option:
The Balance of Payments equilibrium

About This Question

This is Post Utme Delsu 2017 Economics Question 1. It is one of the objective questions from the 2017 Post Utme Delsu Economics examination.

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