Post Utme Mountain Top University 2018 Economics Question 11

Practice objective / multiple choice question 11 from the 2018 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2018 Economics Objective / Multiple Choice
Question 11 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2018 • ECONOMICS • objective

The Nigerian government has introduced a new policy to increase agricultural production in the country. The policy includes providing subsidies to farmers, improving irrigation systems, and increa\sing the use of fertilizers. However, some critics argue that the policy will lead to an increase in the country's trade deficit. Which of the following is a potential consequence of the policy?

Answer Options

Correct Answer A. An increase in the country's trade deficit
B. A decrease in the country's trade deficit
C. No change in the country's trade deficit
D. An increase in the country's trade surplus
Correct Answer
A
Correct Option:
An increase in the country's trade deficit

About This Question

This is Post Utme Mountain Top University 2018 Economics Question 11. It is one of the objective questions from the 2018 Post Utme Mountain Top University Economics examination.

View More Post Utme Mountain Top University 2018 Economics Questions More Post Utme Mountain Top 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