One of the effects of the devaluation of the Naira is that the

COMMERCEJAMB 1994

One of the effects of the devaluation of the Naira is that the

  • A. goods that can be imported with the naira have become cheaper
  • B. value of other currencies relative to the naira have become cheaper
  • C. goods that can be exported from Nigeria have become costlier
  • D. imports that can be bought with the naira have become costlier

Correct Answer: D. imports that can be bought with the naira have become costlier

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