Post Utme Uniosun 2022 Commerce Question 11

Practice objective / multiple choice question 11 from the 2022 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2022 Commerce Objective / Multiple Choice

Question 11 POST_UTME_UNIOSUN • 2022 • COMMERCE • objective

The concept of 'Gresham's Law' in international trade suggests that:

Answer Options

Correct Answer A. Bad money drives out good money

B. Good money drives out bad money

C. Trade deficits lead to economic growth

D. Trade surpluses lead to economic growth

Correct Answer

Correct Option:

Bad money drives out good money

About This Question

This is Post Utme Uniosun 2022 Commerce Question 11. It is one of the objective questions from the 2022 Post Utme Uniosun Commerce examination.

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