Post Utme Eksu 2020 Economics Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Eksu Economics examination.

Post Utme Eksu 2020 Economics Objective / Multiple Choice
Question 23 POST_UTME_EKSU • 2020 • ECONOMICS • objective

The government of Nigeria imposes a tax on imported goods to raise revenue. What is the effect of this tax on the quantity of imported goods demanded?

Answer Options

A. Increase the quantity of imported goods demanded
Correct Answer B. Decrease the quantity of imported goods demanded
C. Have no effect on the quantity of imported goods demanded
D. Increase the price of imported goods
Correct Answer
B
Correct Option:
Decrease the quantity of imported goods demanded

About This Question

This is Post Utme Eksu 2020 Economics Question 23. It is one of the objective questions from the 2020 Post Utme Eksu Economics examination.

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