Post Utme Afe Babalola University 2017 Economics Question 4

Practice objective / multiple choice question 4 from the 2017 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2017 Economics Objective / Multiple Choice
Question 4 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2017 • ECONOMICS • objective

A country's GDP is ₦100 billion, its imports are ₦20 billion and its exports are ₦30 billion. Find the country's balance of trade.

Answer Options

A. ₦10 billion
Correct Answer B. ₦20 billion
C. ₦30 billion
D. ₦40 billion
Correct Answer
B
Correct Option:
₦20 billion

About This Question

This is Post Utme Afe Babalola University 2017 Economics Question 4. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Economics examination.

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