Utme 2020 Economics Question 39

Practice objective / multiple choice question 39 from the 2020 Utme Economics examination. This question covers Economics .

Utme 2020 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 39 UTME • 2020 • ECONOMICS • objective

Devaluation is effective when

Answer Options

Correct Answer A. demand for exports is price elastic
B. demand for imports is price inelastic
C. demand for imports is neutral
D. production for export is low
Correct Answer
A
Correct Option:
demand for exports is price elastic

About This Question

This is Utme 2020 Economics Question 39. It is one of the objective questions from the 2020 Utme Economics examination.

The question covers Economics .

Difficulty level: 2 .

View More Utme 2020 Economics Questions More Utme Practice Questions Back to Questions

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