Post Utme Unilorin 2021 Economics Question 24

Practice objective / multiple choice question 24 from the 2021 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2021 Economics Objective / Multiple Choice
Question 24 POST_UTME_UNILORIN • 2021 • ECONOMICS • objective

The government of a country has implemented a policy of import substitution industrialization. Which of the following is a likely consequence of this policy?

Answer Options

A. An increase in the production of consumer goods
Correct Answer B. An increase in the production of capital goods
C. A decrease in the production of intermediate goods
D. An increase in the production of agricultural goods
Correct Answer
B
Correct Option:
An increase in the production of capital goods

About This Question

This is Post Utme Unilorin 2021 Economics Question 24. It is one of the objective questions from the 2021 Post Utme Unilorin Economics examination.

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