Post Utme Uniosun 2019 Economics Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2019 Economics Objective / Multiple Choice

Question 33 POST_UTME_UNIOSUN • 2019 • ECONOMICS • objective

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

Answer Options

A. Appreciation of the currency

Correct Answer B. Depreciation of the currency

C. No change in the exchange rate

D. Uncertainty about the exchange rate

Correct Answer

Correct Option:

Depreciation of the currency

About This Question

This is Post Utme Uniosun 2019 Economics Question 33. It is one of the objective questions from the 2019 Post Utme Uniosun Economics examination.

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