Post Utme Aaua 2019 Commerce Question 12

Practice objective / multiple choice question 12 from the 2019 Post Utme Aaua Commerce examination.

Post Utme Aaua 2019 Commerce Objective / Multiple Choice
Question 12 POST_UTME_AAUA • 2019 • COMMERCE • objective

A country's trade deficit is 100 billion. This means that the country is importing 100 billion more than it is exporting. What is the value of the trade deficit in terms of the trade balance?

Answer Options

Correct Answer A. -100 billion
B. 100 billion
C. 0
D. 200 billion
Correct Answer
A
Correct Option:
-100 billion

About This Question

This is Post Utme Aaua 2019 Commerce Question 12. It is one of the objective questions from the 2019 Post Utme Aaua Commerce examination.

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