Post Utme Aaua 2021 Economics Question 12

Practice objective / multiple choice question 12 from the 2021 Post Utme Aaua Economics examination.

Post Utme Aaua 2021 Economics Objective / Multiple Choice
Question 12 POST_UTME_AAUA • 2021 • ECONOMICS • objective

A country's balance of payments account is in equilibrium when the current account is equal to the capital account. If the current account is $100 billion and the capital account is $50 billion, what is the value of the trade balance?

Answer Options

Correct Answer A. $50 billion
B. $100 billion
C. $150 billion
D. $200 billion
Correct Answer
A
Correct Option:
$50 billion

About This Question

This is Post Utme Aaua 2021 Economics Question 12. It is one of the objective questions from the 2021 Post Utme Aaua Economics examination.

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