Post Utme Osustech 2023 Economics Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Osustech Economics examination.

Post Utme Osustech 2023 Economics Objective / Multiple Choice

Question 15 POST_UTME_OSUSTECH • 2023 • ECONOMICS • objective

A country is experiencing a trade deficit due to a decline in its exports. What is the main reason for this?

Answer Options

A. The country's imports have increased.

Correct Answer B. The country's exports have decreased.

C. The country's trade deficit is financed by foreign investment.

D. The country's trade surplus is financed by foreign investment.

Correct Answer

Correct Option:

The country's exports have decreased.

About This Question

This is Post Utme Osustech 2023 Economics Question 15. It is one of the objective questions from the 2023 Post Utme Osustech Economics examination.

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