Post Utme Bsu 2020 Commerce Question 38

Practice objective / multiple choice question 38 from the 2020 Post Utme Bsu Commerce examination.

Post Utme Bsu 2020 Commerce Objective / Multiple Choice
Question 38 POST_UTME_BSU • 2020 • COMMERCE • objective

A foreign trade agreement between two countries involves the exchange of goods worth ₦500 million for goods worth 200 million. If the exchange rate is ₦360 per dollar, what is the value of the goods received by each country?

Answer Options

A. ₦180 million
B. ₦360 million
Correct Answer C. ₦540 million
D. ₦720 million
Correct Answer
C
Correct Option:
₦540 million

About This Question

This is Post Utme Bsu 2020 Commerce Question 38. It is one of the objective questions from the 2020 Post Utme Bsu Commerce examination.

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