Post Utme Wellspring University 2025 Economics Question 12

Practice objective / multiple choice question 12 from the 2025 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2025 Economics Objective / Multiple Choice
Question 12 POST_UTME_WELLSPRING_UNIVERSITY • 2025 • ECONOMICS • objective

A country's balance of payments (BOP) is in equilibrium when the current account and capital account are equal. Which of the following is a characteristic of a country with a BOP surplus?

Answer Options

A. A decrease in the value of the domestic currency
B. An increase in the value of the domestic currency
C. A decrease in the trade deficit
Correct Answer D. An increase in the trade surplus
Correct Answer
D
Correct Option:
An increase in the trade surplus

About This Question

This is Post Utme Wellspring University 2025 Economics Question 12. It is one of the objective questions from the 2025 Post Utme Wellspring University Economics examination.

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