Post Utme Al Hikmah University 2025 Economics Question 22

Practice objective / multiple choice question 22 from the 2025 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2025 Economics Objective / Multiple Choice
Question 22 POST_UTME_AL-HIKMAH_UNIVERSITY • 2025 • ECONOMICS • objective

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

Answer Options

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

About This Question

This is Post Utme Al Hikmah University 2025 Economics Question 22. It is one of the objective questions from the 2025 Post Utme Al Hikmah University Economics examination.

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