Post Utme Babcock University 2020 Economics Question 28

Practice objective / multiple choice question 28 from the 2020 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2020 Economics Objective / Multiple Choice
Question 28 POST_UTME_BABCOCK_UNIVERSITY • 2020 • ECONOMICS • objective

The balance of payments accounts for a country are given below:\n\nCurrent Account: ₦100 billion\nCapital Account: ₦50 billion\nFinancial Account: ₦20 billion\nErrors and Omissions: ₦10 billion\nWhat is the value of the trade balance?

Answer Options

A. ₦30 billion
B. ₦40 billion
Correct Answer C. ₦50 billion
D. ₦60 billion
Correct Answer
C
Correct Option:
₦50 billion

About This Question

This is Post Utme Babcock University 2020 Economics Question 28. It is one of the objective questions from the 2020 Post Utme Babcock University Economics examination.

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