Waec 2024 Economics Question 46

Practice objective / multiple choice question 46 from the 2024 Waec Economics examination. This question covers Economics .

Waec 2024 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 46 WAEC • 2024 • ECONOMICS • objective

Terms of trade is favourable when

Answer Options

A. prices of imports are lower than that of exports.
B. balance of trade is in equilibrium.
C. value of exports is lower than that of imports.
Correct Answer D. value of exports is greater than that of imports.
Correct Answer
D
Correct Option:
value of exports is greater than that of imports.

About This Question

This is Waec 2024 Economics Question 46. It is one of the objective questions from the 2024 Waec Economics examination.

The question covers Economics .

Difficulty level: 2 .

View More Waec 2024 Economics Questions More Waec Practice Questions Back to Questions

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