In recent years, Nigeria’s balance of payments has continued to register a deficit due to?

By: |Published on: Aug 2|Categories: Economics WAEC| 0 comments

(i) increased government overseas’ spending.

(ii) increasing prices of exports.

(iii) rising import prices .

(iv) more payment to overseas’ investors.

A. i, ii and iii
B. i, ii and iv
C. i, ii, iii and vi
D. i, ii, iii and iv

Correct Answer:

Option C – i, ii, iii and vi

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