Post Utme Osustech 2022 Commerce Question 38

Practice objective / multiple choice question 38 from the 2022 Post Utme Osustech Commerce examination.

Post Utme Osustech 2022 Commerce Objective / Multiple Choice

Question 38 POST_UTME_OSUSTECH • 2022 • COMMERCE • objective

A country's exchange rate is the price of one currency in terms of another currency. What is the effect of a depreciation of the exchange rate on a country's exports?

Answer Options

A. It increases the price of exports

Correct Answer B. It decreases the price of exports

C. It has no effect on the price of exports

D. It increases the demand for exports

Correct Answer

Correct Option:

It decreases the price of exports

About This Question

This is Post Utme Osustech 2022 Commerce Question 38. It is one of the objective questions from the 2022 Post Utme Osustech Commerce examination.

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