Post Utme Al Hikmah University 2024 Economics Question 35

Practice objective / multiple choice question 35 from the 2024 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2024 Economics Objective / Multiple Choice
Question 35 POST_UTME_AL-HIKMAH_UNIVERSITY • 2024 • ECONOMICS • objective

A country's balance of payments is given by the following table:\n\n| Category | Value |\n| --- | --- |\n| Exports | ₦1000 |\n| Imports | ₦1200 |\n| Net Factor Income | ₦200 |\n| Net Transfer | ₦300 |\n\nWhat is the value of the current account balance?

Answer Options

A. ₦500
Correct Answer B. ₦600
C. ₦700
D. ₦800
Correct Answer
B
Correct Option:
₦600

About This Question

This is Post Utme Al Hikmah University 2024 Economics Question 35. It is one of the objective questions from the 2024 Post Utme Al Hikmah University Economics examination.

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