Waec 2021 Economics Question 42

Practice objective / multiple choice question 42 from the 2021 Waec Economics examination.

Waec 2021 Economics Objective / Multiple Choice 2 Difficulty
Question 42 WAEC • 2021 • ECONOMICS • objective

A measure that can be adopted to correct a country's balance of payments deficit is to

Answer Options

A. allow the currency to appreciate to encourage imports.
Correct Answer B. allow the currency to depreciate to encourage imports.
C. adopt import substitution strategy.
D. restrict trade with all countries.
Correct Answer
B
Correct Option:
allow the currency to depreciate to encourage imports.

About This Question

This is Waec 2021 Economics Question 42. It is one of the objective questions from the 2021 Waec Economics examination.

Difficulty level: 2 .

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