Post Utme Mountain Top University 2020 Economics Question 35

Practice objective / multiple choice question 35 from the 2020 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2020 Economics Objective / Multiple Choice
Question 35 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2020 • ECONOMICS • objective

A country's balance of payments accounts are in equilibrium when the current account and capital account are equal. Which of the following is a reason why a country's balance of payments accounts may not be in equilibrium?

Answer Options

Correct Answer A. A decline in the value of the country's currency
B. An increase in the price of a key export commodity
C. A reduction in the country's interest rates
D. A decrease in the country's imports
Correct Answer
A
Correct Option:
A decline in the value of the country's currency

About This Question

This is Post Utme Mountain Top University 2020 Economics Question 35. It is one of the objective questions from the 2020 Post Utme Mountain Top University Economics examination.

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