Post Utme Abu 2021 Commerce Question 23

Practice objective / multiple choice question 23 from the 2021 Post Utme Abu Commerce examination.

Post Utme Abu 2021 Commerce Objective / Multiple Choice
Question 23 POST_UTME_ABU • 2021 • COMMERCE • objective

A country's foreign trade balance is calculated by subtracting its imports from its exports. If the country's imports are ₦2.5 billion and its exports are ₦4.8 billion, what is the country's trade balance?

Answer Options

A. ₦2.3 billion
B. ₦2.5 billion
Correct Answer C. ₦4.3 billion
D. ₦6.3 billion
Correct Answer
C
Correct Option:
₦4.3 billion

About This Question

This is Post Utme Abu 2021 Commerce Question 23. It is one of the objective questions from the 2021 Post Utme Abu Commerce examination.

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