Utme 2017 Commerce Question 1

Practice objective / multiple choice question 1 from the 2017 Utme Commerce examination. This question covers Commerce .

Utme 2017 Commerce Objective / Multiple Choice 2 Difficulty
Topic: Commerce
Question 1 UTME • 2017 • COMMERCE • objective

The rate where a country's exports exchange for its imports is called

Answer Options

A. terms of payments
Correct Answer B. terms of trade
C. balance of payments
D. balance of trade
Correct Answer
B
Correct Option:
terms of trade

About This Question

This is Utme 2017 Commerce Question 1. It is one of the objective questions from the 2017 Utme Commerce examination.

The question covers Commerce .

Difficulty level: 2 .

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