Post Utme Achievers University 2025 Economics Question 7

Practice objective / multiple choice question 7 from the 2025 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2025 Economics Objective / Multiple Choice
Question 7 POST_UTME_ACHIEVERS_UNIVERSITY • 2025 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of ₦500 billion, a current account deficit of ₦300 billion, and a capital account surplus of ₦200 billion. What is the country's overall balance of payments position?

Answer Options

A. ₦100 billion surplus
Correct Answer B. ₦200 billion deficit
C. ₦300 billion deficit
D. ₦500 billion deficit
Correct Answer
B
Correct Option:
₦200 billion deficit

About This Question

This is Post Utme Achievers University 2025 Economics Question 7. It is one of the objective questions from the 2025 Post Utme Achievers University Economics examination.

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