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Thursday, 02 April 2026
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If a country operates a freely floating exchange rate system, and suffers a balance of ...

If a country operates a freely floating exchange rate system, and suffers a balance of payments deficit can be eliminated through?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A A rise in the external value of its currency
  • B A fall in the external value of its currency
  • C An increase in the volume of imports
  • D The consumption of more foreign goods
Correct Answer: Option B
Explanation:

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