A measure for preventing the external value of the naira ...
A measure for preventing the external value of the naira from falling is for the government to
Increase its spending with foreign reserve
Sell its own currency
Reduce interest rate
Buy its currency with foreign reserve
Correct answer is B
If the naira can be valued to the point where it can compete with other foreign currencies in the foreign exchange market, the value will be high in the international market.
Comparative cost doctrine of international trade means specialization in production ...
One of these is not an assumption of the cardinalist theory of utility? ...
Which is NOT a direct effort to increase Agricultural production in Nigeria? ...
The privatization exercise in Nigeria is a move towards a___________ ...