Post Utme Eksu 2020 Economics Question 25

Practice objective / multiple choice question 25 from the 2020 Post Utme Eksu Economics examination.

Post Utme Eksu 2020 Economics Objective / Multiple Choice
Question 25 POST_UTME_EKSU • 2020 • ECONOMICS • objective

The government of Nigeria imposes a tariff on imported goods to protect domestic industries. What is the effect of this tariff on the domestic industry?

Answer Options

Correct Answer A. Increase the production of domestic goods
B. Decrease the production of domestic goods
C. Have no effect on the production of domestic goods
D. Increase the price of domestic goods
Correct Answer
A
Correct Option:
Increase the production of domestic goods

About This Question

This is Post Utme Eksu 2020 Economics Question 25. It is one of the objective questions from the 2020 Post Utme Eksu Economics examination.

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