Post Utme Lautech 2025 Economics Question 1

Practice objective / multiple choice question 1 from the 2025 Post Utme Lautech Economics examination.

Post Utme Lautech 2025 Economics Objective / Multiple Choice
Question 1 POST_UTME_LAUTECH • 2025 • ECONOMICS • objective

U\sing the Marshall-Lerner condition, determine the effect of a 10% depreciation in the exchange rate on the balance of payments of a country.

Answer Options

Correct Answer A. The balance of payments will improve.
B. The balance of payments will worsen.
C. The balance of payments will remain unchanged.
D. The effect on the balance of payments is uncertain.
Correct Answer
A
Correct Option:
The balance of payments will improve.

About This Question

This is Post Utme Lautech 2025 Economics Question 1. It is one of the objective questions from the 2025 Post Utme Lautech Economics examination.

View More Post Utme Lautech 2025 Economics Questions More Post Utme Lautech Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support