Post Utme Aaua 2017 Economics Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Aaua Economics examination.

Post Utme Aaua 2017 Economics Objective / Multiple Choice
Question 22 POST_UTME_AAUA • 2017 • ECONOMICS • objective

A country's balance of payments is in equilibrium when the current account and capital account are balanced. Which of the following is a characteristic of a country with a current account surplus?

Answer Options

A. The country is experiencing a trade deficit
Correct Answer B. The country is experiencing a trade surplus
C. The country is experiencing a capital account deficit
D. The country is experiencing a capital account surplus
Correct Answer
B
Correct Option:
The country is experiencing a trade surplus

About This Question

This is Post Utme Aaua 2017 Economics Question 22. It is one of the objective questions from the 2017 Post Utme Aaua Economics examination.

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