by Sunday | May 26 | Economics WAEC
A. increased foreign exchange earnings B. establishment of refineries and petrochemical industries C. employment of a greater proportion of the population D. development of airports, seaports and other social infrastructures Correct Answer: Option C C. employment of a...
by Sunday | May 26 | Economics WAEC
A. increasing population B. increasing imports C. exports becoming cheaper D. reduced exports Correct Answer: Option C C. exports becoming cheaper
by Sunday | May 26 | Economics WAEC
A. capital account B. current account C. invisible trade D. visible trade Correct Answer: Option A A. capital account
by Sunday | May 26 | Economics WAEC
A. stock of goods is declining B. depreciation exceeds investment C. exports is adjusted upwards D. imports exceeds exports Correct Answer: Option D D. imports exceeds exports
by Sunday | May 26 | Economics WAEC
A. the quality of exports B. the direction of foreign trades C. purchases on deferred payment basis D. the rate at which exports exchange for imports Correct Answer: Option D D. the rate at which exports exchange for imports
by Sunday | May 26 | Economics WAEC
A. absolute cost advantage B. variable proportion C. comparative cost advantage D. mutual co-operation Correct Answer: Option C C. comparative cost advantage