Post Utme Aaua 2019 Economics Question 22

Practice objective / multiple choice question 22 from the 2019 Post Utme Aaua Economics examination.

Post Utme Aaua 2019 Economics Objective / Multiple Choice
Question 22 POST_UTME_AAUA • 2019 • ECONOMICS • objective

A country's GDP is ₦100 billion, its imports are ₦30 billion, and its exports are ₦25 billion. What is its balance of trade?

Answer Options

A. ₦5 billion surplus
Correct Answer B. ₦5 billion deficit
C. ₦10 billion surplus
D. ₦10 billion deficit
Correct Answer
B
Correct Option:
₦5 billion deficit

About This Question

This is Post Utme Aaua 2019 Economics Question 22. It is one of the objective questions from the 2019 Post Utme Aaua Economics examination.

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