Post Utme Uniosun 2018 Economics Question 28

Practice objective / multiple choice question 28 from the 2018 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2018 Economics Objective / Multiple Choice
Question 28 POST_UTME_UNIOSUN • 2018 • ECONOMICS • objective

A country's balance of payments is in surplus. What does this imply about the country's exchange rate?

Answer Options

Correct Answer A. The country's exchange rate will appreciate.
B. The country's exchange rate will depreciate.
C. The country's exchange rate will remain stable.
D. The country's exchange rate will fluctuate.
Correct Answer
A
Correct Option:
The country's exchange rate will appreciate.

About This Question

This is Post Utme Uniosun 2018 Economics Question 28. It is one of the objective questions from the 2018 Post Utme Uniosun Economics examination.

View More Post Utme Uniosun 2018 Economics Questions More Post Utme Uniosun Practice Questions Back to Questions

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