# The booming of North Seas’ gas export revenues in the 1970s that appreciated the guilder, making industrial export more costly in foreign currencies and increasing foreign competition and unemployment is known as ? with Answer - Economics Mcqs | TestPrep

> Solved MCQ: The booming of North Seas’ gas export revenues in the 1970s that appreciated the guilder, making industrial export more costly in foreign currencies and increasing foreign competition and unemployment is known as ? Correct Answer: C. Dutch disease. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# The booming of North Seas’ gas export revenues in the 1970s that appreciated the guilder, making industrial export more costly in foreign currencies and increasing foreign competition and unemployment is known as ?

Direct Answer & Quick Reference

The correct option is **C. Dutch disease**.

A. Trade deficit

B. Blind river disease

C. Dutch disease **(Correct Answer)**

D. Economic turmoil

✨ Explain with AI

Verified Key: C. Dutch disease
Solved by 5,559+ students

Verified against official examination board answer keys and standard curriculum textbooks.

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