Post Utme Unilag 2022 Economics Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Unilag Economics examination.

Post Utme Unilag 2022 Economics Objective / Multiple Choice
Question 13 POST_UTME_UNILAG • 2022 • ECONOMICS • objective

A country's balance of payments is in surplus. What is the implication of this on the country's exchange rate?

Answer Options

Correct Answer A. The exchange rate will appreciate.
B. The exchange rate will depreciate.
C. The exchange rate will remain unchanged.
D. The exchange rate will fluctuate.
Correct Answer
A
Correct Option:
The exchange rate will appreciate.

About This Question

This is Post Utme Unilag 2022 Economics Question 13. It is one of the objective questions from the 2022 Post Utme Unilag Economics examination.

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