Post Utme Bowen University 2025 Economics Question 23

Practice objective / multiple choice question 23 from the 2025 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2025 Economics Objective / Multiple Choice
Question 23 POST_UTME_BOWEN_UNIVERSITY • 2025 • ECONOMICS • objective

Suppose a country's GDP is $100 billion and its imports are $20 billion. If the country's trade balance is initially in surplus, what is the value of its exports?

Answer Options

A. $80 billion
B. $90 billion
C. $100 billion
Correct Answer D. $120 billion
Correct Answer
D
Correct Option:
$120 billion

About This Question

This is Post Utme Bowen University 2025 Economics Question 23. 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