Post Utme Bsu 2020 Economics Question 10

Practice objective / multiple choice question 10 from the 2020 Post Utme Bsu Economics examination.

Post Utme Bsu 2020 Economics Objective / Multiple Choice
Question 10 POST_UTME_BSU • 2020 • ECONOMICS • objective

A country's balance of payments is in equilibrium when its

Answer Options

A. current account is in surplus
B. capital account is in surplus
Correct Answer C. trade balance is in equilibrium
D. exchange rate is stable
Correct Answer
C
Correct Option:
trade balance is in equilibrium

About This Question

This is Post Utme Bsu 2020 Economics Question 10. It is one of the objective questions from the 2020 Post Utme Bsu Economics examination.

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