Waec 2024 Economics Question 35

Practice objective / multiple choice question 35 from the 2024 Waec Economics examination. This question covers Economics .

Waec 2024 Economics Objective / Multiple Choice 2 Difficulty

Topic: Economics

Question 35 WAEC • 2024 • ECONOMICS • objective

Terms of trade favorability is when

Correct Answer A. the price of exports rises faster than that of imports

B. the price of imports rises faster than that of exports

C. the balance of payments is favorable

D. the economy is stable

Correct Answer

Correct Option:

the price of exports rises faster than that of imports

This is Waec 2024 Economics Question 35. It is one of the objective questions from the 2024 Waec Economics examination.

The question covers Economics .

Difficulty level: 2 .

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