Post Utme Elizade University 2019 Commerce Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2019 Commerce Objective / Multiple Choice

Question 3 POST_UTME_ELIZADE_UNIVERSITY • 2019 • COMMERCE • objective

A country's trade balance is in deficit due to a high demand for imported goods. What is the primary cause of this trade imbalance?

Answer Options

Correct Answer A. High demand for imported goods

B. Low domestic production

C. High interest rates

D. Depreciation of the local currency

Correct Answer

Correct Option:

High demand for imported goods

About This Question

This is Post Utme Elizade University 2019 Commerce Question 3. It is one of the objective questions from the 2019 Post Utme Elizade University Commerce examination.

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