Post Utme Madonna University 2025 Commerce Question 5

Practice objective / multiple choice question 5 from the 2025 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2025 Commerce Objective / Multiple Choice
Question 5 POST_UTME_MADONNA_UNIVERSITY • 2025 • COMMERCE • objective

A company has the following foreign trade data: Export revenue = ₦500,000, Import expenditure = ₦300,000, and a trade deficit of ₦100,000. Using the concept of comparative advantage, determine the optimal trade policy for the company.

Answer Options

Correct Answer A. Increase exports by 20%
B. Decrease imports by 15%
C. Maintain current trade policy
D. Increase imports by 10%
Correct Answer
A
Correct Option:
Increase exports by 20%

About This Question

This is Post Utme Madonna University 2025 Commerce Question 5. It is one of the objective questions from the 2025 Post Utme Madonna University Commerce examination.

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