An improvement in Nigeria's terms of trade should
...An improvement in Nigeria's terms of trade should
Lead to a fall in cost of her imports in terms of what she must sacrifice to obtain them
Make made in Nigeria goods cheaper to buy
Increase Nigeria's domestic output of commodities
Lead to an increase in her exchange rates
Lead to an increase in Nigeria's exports of petroleum
Correct answer is A
No explanation has been provided for this answer.
Average total cost can be expressed as ...
In production, the formula total product/number of men employed is used to calculate ...
Which of the following is not a type of industry? ...
The marginal physical product of labour is? ...
Which of the following is a major export crop in Nigeria? ...
The central bank Can reduce the ability of commercial banks to give out loans by ...