Post Utme Babcock University 2023 Economics Question 40

Practice objective / multiple choice question 40 from the 2023 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2023 Economics Objective / Multiple Choice
Question 40 POST_UTME_BABCOCK_UNIVERSITY • 2023 • ECONOMICS • objective

A country has a trade deficit of $100 million and a current account deficit of $50 million. What is the balance of payments identity?

Answer Options

A. $CA + FA = 0$
Correct Answer B. $CA + FA = 150$
C. $CA + FA = -50$
D. $CA + FA = 100$
Correct Answer
B
Correct Option:
$CA + FA = 150$

About This Question

This is Post Utme Babcock University 2023 Economics Question 40. It is one of the objective questions from the 2023 Post Utme Babcock University Economics examination.

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