Post Utme Lead City University 2021 Economics Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2021 Economics Objective / Multiple Choice
Question 28 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • ECONOMICS • objective

The Marshall-Lerner condition states that a country's balance of payments will improve if the sum of the percentage changes in its export and import prices exceeds a certain threshold. What is the name of this threshold?

Answer Options

A. Marshall-Lerner condition
Correct Answer B. J-curve effect
C. Trade creation effect
D. Trade diversion effect
Correct Answer
B
Correct Option:
J-curve effect

About This Question

This is Post Utme Lead City University 2021 Economics Question 28. It is one of the objective questions from the 2021 Post Utme Lead City University Economics examination.

View More Post Utme Lead City University 2021 Economics Questions More Post Utme Lead City University 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