Post Utme Pan Atlantic University 2020 Economics Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2020 Economics Objective / Multiple Choice

Question 18 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2020 • ECONOMICS • objective

A country's balance of payments is in equilibrium when its current account is equal to its capital account. Which of the following is a consequence of this equilibrium?

Answer Options

Correct Answer A. The exchange rate is stable

B. The trade deficit is reduced

C. The trade surplus is increased

D. The capital account is balanced

Correct Answer

Correct Option:

The exchange rate is stable

About This Question

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

View More Post Utme Pan Atlantic University 2020 Economics Questions More Post Utme Pan Atlantic University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support