In Nigeria, a balance of payments deficit can be solved by all of the following...

Economics

JAMB 1982

In Nigeria, a balance of payments deficit can be solved by all of the following EXECPT?

A. imposing import bans on some commodity
B. imposing import duties
C. drawing down on external reserves
D. purchasing foreign exchanges from foreign countries
E. devaluation of the currency

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Correct Answer: Option D

Explanation

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In Nigeria, a balance of payments deficit can be solved by all of the following...

Correct Answer: Option D

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