Post Utme Ims U 2021 Economics Question 32

Practice objective / multiple choice question 32 from the 2021 Post Utme Ims U Economics examination.

Post Utme Ims U 2021 Economics Objective / Multiple Choice
Question 32 POST_UTME_IMS_U • 2021 • ECONOMICS • objective

A country's balance of payments is in equilibrium when the current account is equal to the capital account. What is the implication of this for the country's exchange rate?

Answer Options

A. The exchange rate will appreciate.
B. The exchange rate will depreciate.
Correct Answer C. The exchange rate will remain unchanged.
D. The exchange rate will fluctuate randomly.
Correct Answer
C
Correct Option:
The exchange rate will remain unchanged.

About This Question

This is Post Utme Ims U 2021 Economics Question 32. It is one of the objective questions from the 2021 Post Utme Ims U Economics examination.

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