Post Utme Lead City University 2020 Economics Question 12

Practice objective / multiple choice question 12 from the 2020 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2020 Economics Objective / Multiple Choice

Question 12 POST_UTME_LEAD_CITY_UNIVERSITY • 2020 • ECONOMICS • objective

A country's balance of payments account is in equilibrium when its current account is equal to its capital account

Answer Options

Correct Answer A. true

B. false

C. only when the exchange rate is fixed

D. only when the exchange rate is floating

Correct Answer

Correct Option:

true

About This Question

This is Post Utme Lead City University 2020 Economics Question 12. It is one of the objective questions from the 2020 Post Utme Lead City University Economics examination.

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