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WAEC Economics 2025 Paper
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© africaexams.com
Question : 44
Total: 50
If a country's import bill is high, she can encourage exports by
allowing her currency to appreciate
liberalizing importation
increasing taxes on all locally produced goods
allowing her currency to depreciate
Validate
Solution:
When a country's currency depreciates, its goods and services become cheaper for foreign buyers, which can increase demand for
its exports.
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