Post Utme Oau 2021 Economics Question 9

Practice objective / multiple choice question 9 from the 2021 Post Utme Oau Economics examination.

Post Utme Oau 2021 Economics Objective / Multiple Choice
Question 9 POST_UTME_OAU • 2021 • ECONOMICS • objective

A country's balance of payments is in surplus. What is the likely impact on the exchange rate?

Answer Options

Correct Answer A. The exchange rate appreciates.
B. The exchange rate depreciates.
C. The exchange rate remains unchanged.
D. The exchange rate becomes volatile.
Correct Answer
A
Correct Option:
The exchange rate appreciates.

About This Question

This is Post Utme Oau 2021 Economics Question 9. It is one of the objective questions from the 2021 Post Utme Oau Economics examination.

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