Post Utme Afe Babalola University 2023 Economics Question 22

Practice objective / multiple choice question 22 from the 2023 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2023 Economics Objective / Multiple Choice
Question 22 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2023 • ECONOMICS • objective

A country's GDP is 100 billion naira. Its imports are 20 billion naira, and its exports are 15 billion naira. What is its balance of payments?

Answer Options

Correct Answer A. -5 billion naira
B. 0 billion naira
C. 5 billion naira
D. 10 billion naira
Correct Answer
A
Correct Option:
-5 billion naira

About This Question

This is Post Utme Afe Babalola University 2023 Economics Question 22. It is one of the objective questions from the 2023 Post Utme Afe Babalola University Economics examination.

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