Post UTME Past Questions Agent
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Economics WAEC Past Questions

Clear Selections
Change Subject Post a Question Check Syllabus Study My Bookmarks Past Questions Videos Watch Video Lessons Download App

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Your School's Whatsapp Group - Join Us now
1221

The principle of comparative cost advantage was propounded by

  • A. David Ricardo
  • B. Alfred Marshal
  • C. J. S Mill
  • D. Adam Smith
View Answer & Discuss WAEC 2016
1222

The rate at which a country's export is exchanged for her imports is

  • A. trade balance
  • B. balance of payment
  • C. term of trade
  • D. balance on current account
View Answer & Discuss (2) WAEC 2016
1223

Balance of payment surplus implies that receipts for exports are

  • A. at par with payments for imports
  • B. greater than payment for imports
  • C. less than payment for imports
  • D. proportional to payments for imports
View Answer & Discuss (1) WAEC 2016
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent
1224
When the international value of a country's currency rises, other things being equal, the country's
  • A. net exports tend to increase
  • B. imports tend to increase
  • C. net exports tend to decrease
  • D. export tend to be stable
View Answer & Discuss WAEC 2016
1225

One of the physical measures that can be used to reduce the volume of imports is the

  • A. reduction of personnel income tax
  • B. removal of imports duties
  • C. use of foreign exchange control
  • D. liberalization of credit for importers
View Answer & Discuss WAEC 2016
Start a Free Practice Test
 
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Your School's Whatsapp Group - Join Us now