Post Utme Abu 2024 Commerce Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Abu Commerce examination.

Post Utme Abu 2024 Commerce Objective / Multiple Choice

Question 14 POST_UTME_ABU • 2024 • COMMERCE • objective

A country is experiencing a trade deficit of ₦500 billion. If the exchange rate is ₦200 per dollar, what is the value of the trade deficit in dollars?

A. 2.5 billion

Correct Answer B. 2.0 billion

C. 1.5 billion

D. 1.0 billion

Correct Answer

Correct Option:

2.0 billion

This is Post Utme Abu 2024 Commerce Question 14. It is one of the objective questions from the 2024 Post Utme Abu Commerce examination.

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