A shortcoming of the Second-tier Foreign Exchan... - JAMB Commerce 2000 Question
A shortcoming of the Second-tier Foreign Exchange Market in Nigeria is that it
A
serves as a mechanism for evaluating an unrealistic exchange rate for the naira
B
creates unhealthy competition amongst users of foreign exchange
C
contributes to destabilizing national resource allocation
D
contributes to flooding the market with foreign essential commodities
correct option: b
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