Post Utme Unilorin 2020 Economics Question 46

Practice objective / multiple choice question 46 from the 2020 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2020 Economics Objective / Multiple Choice
Question 46 POST_UTME_UNILORIN • 2020 • ECONOMICS • objective

A country's balance of payments shows a trade deficit of $20 billion. What is the likely effect on the exchange rate?

Answer Options

A. Increase
Correct Answer B. Decrease
C. No change
D. Uncertain
Correct Answer
B
Correct Option:
Decrease

About This Question

This is Post Utme Unilorin 2020 Economics Question 46. It is one of the objective questions from the 2020 Post Utme Unilorin Economics examination.

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