Post Utme Bowen University 2019 Economics Question 14

Practice objective / multiple choice question 14 from the 2019 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2019 Economics Objective / Multiple Choice
Question 14 POST_UTME_BOWEN_UNIVERSITY • 2019 • ECONOMICS • objective

Suppose a country's trade balance is in surplus by ₦100,000,000. If the country's exports are ₦500,000,000 and its imports are ₦400,000,000, what is the country's balance of payments surplus?

Answer Options

Correct Answer A. ₦100,000,000
B. ₦200,000,000
C. ₦300,000,000
D. ₦400,000,000
Correct Answer
A
Correct Option:
₦100,000,000

About This Question

This is Post Utme Bowen University 2019 Economics Question 14. It is one of the objective questions from the 2019 Post Utme Bowen University Economics examination.

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