Post Utme Uniosun 2025 Economics Question 30

Practice objective / multiple choice question 30 from the 2025 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2025 Economics Objective / Multiple Choice
Question 30 POST_UTME_UNIOSUN • 2025 • ECONOMICS • objective

A country's government has implemented a tax on imports to reduce the trade deficit. However, the tax has led to a decrease in the production of domestic goods. What is the opportunity \cost of reducing the trade deficit?

Answer Options

Correct Answer A. The decrease in the production of domestic goods
B. The increase in the production of imports
C. The decrease in the price of imports
D. The increase in the price of domestic goods
Correct Answer
A
Correct Option:
The decrease in the production of domestic goods

About This Question

This is Post Utme Uniosun 2025 Economics Question 30. It is one of the objective questions from the 2025 Post Utme Uniosun Economics examination.

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