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Economics Past Questions and Answers

Economics Questions

Question 1981:
Industrial development in Nigeria can be encouraged through
  • A Signing WTO treaty
  • B Granting subsidies
  • C The provision of efficient infrastructure
  • D Direct government participation
View Answer & Explanation
Question 1982:
The record of a country's transactions in international trade is her
  • A Capital account
  • B Balance of payments
  • C Current account
  • D Balance of trade
View Answer & Explanation
Question 1983:
The transfer to public shareholding corporations to private enterprises is
  • A Concession
  • B Incorporation
  • C Commercialization
  • D Privatization
View Answer & Explanation
Question 1984:
A condition in which official and autonomous exchange rate coexist is
  • A Dual exchange rate system
  • B Managed floating rate system
  • C Market determined exchange rate system
  • D Multiple exchange rate system
View Answer & Explanation
Question 1985:
In modern economies, the Malthusian theory of population is ineffective because of
  • A Birth control measures
  • B Technical progress
  • C Government policies
  • D Natural disasters
View Answer & Explanation