Post Utme Lautech 2018 Economics Question 19

Practice objective / multiple choice question 19 from the 2018 Post Utme Lautech Economics examination.

Post Utme Lautech 2018 Economics Objective / Multiple Choice

Question 19 POST_UTME_LAUTECH • 2018 • ECONOMICS • objective

A country's trade balance is in surplus. What is the likely effect on the country's exchange rate?

Answer Options

Correct Answer A. The exchange rate will appreciate.

B. The exchange rate will depreciate.

C. The exchange rate will remain unchanged.

D. The exchange rate will fluctuate randomly.

Correct Answer

Correct Option:

The exchange rate will appreciate.

About This Question

This is Post Utme Lautech 2018 Economics Question 19. It is one of the objective questions from the 2018 Post Utme Lautech Economics examination.

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