Post Utme Rhema University 2025 Economics Question 38

Practice objective / multiple choice question 38 from the 2025 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2025 Economics Objective / Multiple Choice

Question 38 POST_UTME_RHEMA_UNIVERSITY • 2025 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of $100 million. What does this mean for the country's exchange rate?

Answer Options

A. The exchange rate will appreciate

Correct Answer B. The exchange rate will depreciate

C. The exchange rate will remain unchanged

D. The exchange rate will fluctuate

Correct Answer

Correct Option:

The exchange rate will depreciate

About This Question

This is Post Utme Rhema University 2025 Economics Question 38. It is one of the objective questions from the 2025 Post Utme Rhema University Economics examination.

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