Syllabus content and objectives
Official JAMB Economics outline · Section H: Population and International Trade
Content
Meaning and basis of international trade, including absolute and comparative costs.
Objective
Examine the basis for international trade and differentiate between absolute and comparative advantages.
Content
Balance of trade and balance of payments: problems and corrective measures.
Objective
Distinguish between balance of trade and balance of payments, identify their problems, and explain corrective measures.
Content
Composition and direction of Nigeria's foreign trade.
Objective
Examine the composition and direction of Nigeria's foreign trade.
Content
Exchange rates: meaning, types, and determination.
Objective
Identify the types of exchange rates and examine how exchange rates are determined.
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