Post Utme Unilag 2022 Economics Question 2

Practice objective / multiple choice question 2 from the 2022 Post Utme Unilag Economics examination.

Post Utme Unilag 2022 Economics Objective / Multiple Choice

Question 2 POST_UTME_UNILAG • 2022 • ECONOMICS • objective

A country's balance of payments (BOP) accounts can be affected by a change in the exchange rate. If the exchange rate appreciates, what will be the effect on the country's net exports?

Answer Options

A. Net exports will increase.

Correct Answer B. Net exports will decrease.

C. Net exports will remain unchanged.

D. The effect on net exports will be ambiguous.

Correct Answer

Correct Option:

Net exports will decrease.

About This Question

This is Post Utme Unilag 2022 Economics Question 2. It is one of the objective questions from the 2022 Post Utme Unilag Economics examination.

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