Post Utme Bowen University 2025 Economics Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2025 Economics Objective / Multiple Choice
Question 10 POST_UTME_BOWEN_UNIVERSITY • 2025 • ECONOMICS • objective

The balance of payments (BOP) of a country is said to be in equilibrium when the current account and the capital account are balanced. Which of the following is a characteristic of a country with a balanced BOP?

Answer Options

A. The country has a trade deficit
Correct Answer B. The country has a trade surplus
C. The country has a capital account surplus
D. The country has a capital account deficit
Correct Answer
B
Correct Option:
The country has a trade surplus

About This Question

This is Post Utme Bowen University 2025 Economics Question 10. It is one of the objective questions from the 2025 Post Utme Bowen University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support