by Sunday | Sep 30 | NABTEB QUESTIONS
The benefits which Nigeria has derived from being a member of ECOWAS i. Improved living standards through greater importation from other West Africa countries ii. Employment opportunities for Nigerians iii. Increased foreign investment iv. Increase output of goods and...
by Sunday | Sep 30 | NABTEB QUESTIONS
i. Elimination of tariffs on the imports and exports of member countries. ii. Free movement of factors of production within the subregion iii. Elimination of administration bottlenecks and quantitative restrictions on trade in West Africa. iv. Harmonization of...
by Sunday | Sep 30 | NABTEB QUESTIONS
Suggested solutions to the problem of inflation in Nigeria. i. Increased output ii. Provision of effective storage facilities iii. Reduced government expenditure/budget surplus iv. Efficient distributive system v. Subsidies to producers vi. Population control measures...
by Sunday | Sep 30 | NABTEB QUESTIONS
i. Low productivity in the agricultural and industrial sector. ii. Increased government deficit financing iii. Rapid increase in salaries and wages iv. Poor distribution system v. Poor storage system vi. Political instability/ civil war vii. High cost of...
by Sunday | Sep 30 | NABTEB QUESTIONS
How to correct balance of payments deficit i. Borrowing from international financial/organizations or from friendly countries. ii. Embargo/ban on importation iii. Quotas iv. Tight foreign exchange control v. Selling foreign investments vi. Importing on credits vii....
by Sunday | Sep 30 | NABTEB QUESTIONS
Instrument used by the Central Bank to control money supply includes i. The bank discount rate ii. Open market operation iii. Liquidity ratio iv. Special deposits v. Directives vi. Funding vii. Moral suasion