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Harmonised monetary and fiscal policies is a feature of 

Economics
WAEC 2024

Harmonised monetary and fiscal policies is a feature of 

  • A. a free trade area.
  • B. an economic union.
  • C. a customs union.
  • D. a common market.
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Correct Answer: Option A
Explanation

A: in a free trade zone, there is tax waiver (fiscal aspect). More mon ey will be imported to the economy (monetary aspect). That is the reason it is harmonized fiscal and monetary policies

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts