Post Utme Afe Babalola University 2018 Economics Question 40

Practice objective / multiple choice question 40 from the 2018 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2018 Economics Objective / Multiple Choice
Question 40 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2018 • ECONOMICS • objective

A country is experiencing a trade deficit of $100 million. The country's imports are valued at $200 million and its exports are valued at $100 million. What is the country's balance of payments deficit?

Answer Options

Correct Answer A. The country's balance of payments deficit is $100 million.
B. The country's balance of payments deficit is $200 million.
C. The country's balance of payments deficit is $300 million.
D. The country's balance of payments deficit is $400 million.
Correct Answer
A
Correct Option:
The country's balance of payments deficit is $100 million.

About This Question

This is Post Utme Afe Babalola University 2018 Economics Question 40. It is one of the objective questions from the 2018 Post Utme Afe Babalola University Economics examination.

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