Post Utme Aaua 2024 Commerce Question 38

Practice objective / multiple choice question 38 from the 2024 Post Utme Aaua Commerce examination.

Post Utme Aaua 2024 Commerce Objective / Multiple Choice
Question 38 POST_UTME_AAUA • 2024 • COMMERCE • objective

A foreign trade agreement between two countries involves the exchange of goods and services worth 100 million. If the exchange rate between the two currencies is 1:1.2, what is the value of the goods and services in the second country's currency?

Answer Options

Correct Answer A. 120 million
B. 100 million
C. 80 million
D. 60 million
Correct Answer
A
Correct Option:
120 million

About This Question

This is Post Utme Aaua 2024 Commerce Question 38. It is one of the objective questions from the 2024 Post Utme Aaua Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support