Utme 2019 Economics Question 21

Practice objective / multiple choice question 21 from the 2019 Utme Economics examination. This question covers Economics .

Utme 2019 Economics Objective / Multiple Choice 2 Difficulty

Topic: Economics

Question 21 UTME • 2019 • ECONOMICS • objective

The items of trade of a country is defined as

Correct Answer A. \( {\frac{\text{index of export prices}}{\text{index of import prices}}} \times 100 \)

B. \( {\frac{\text{index of exportable}}{\text{index of importables}}} \times 100 \)

C. \( {\frac{\text{index of import prices}}{\text{index of export prices}}} \times 100 \)

D. \( {\frac{\text{index of visible imports}}{\text{index of visible exports}}} \times 100 \)

Correct Answer

Correct Option:

\( {\frac{\text{index of export prices}}{\text{index of import prices}}} \times 100 \)

This is Utme 2019 Economics Question 21. It is one of the objective questions from the 2019 Utme Economics examination.

The question covers Economics .

Difficulty level: 2 .

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