Post Utme Osustech 2020 Economics Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Osustech Economics examination.

Post Utme Osustech 2020 Economics Objective / Multiple Choice
Question 18 POST_UTME_OSUSTECH • 2020 • ECONOMICS • objective

A country's balance of payments is in equilibrium when the current account is equal to the capital account. U\sing the concept of the balance of payments, explain the likely effect of an increase in foreign investment on the country's balance of payments.

Answer Options

A. The current account will increase, and the capital account will decrease.
B. The current account will decrease, and the capital account will increase.
C. The current account will remain the same, and the capital account will increase.
Correct Answer D. The current account will increase, and the capital account will remain the same.
Correct Answer
D
Correct Option:
The current account will increase, and the capital account will remain the same.

About This Question

This is Post Utme Osustech 2020 Economics Question 18. It is one of the objective questions from the 2020 Post Utme Osustech Economics examination.

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