Post Utme Bsu 2020 Economics Question 7

Practice objective / multiple choice question 7 from the 2020 Post Utme Bsu Economics examination.

Post Utme Bsu 2020 Economics Objective / Multiple Choice
Question 7 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 7. It is one of the objective questions from the 2020 Post Utme Bsu Economics examination.

View More Post Utme Bsu 2020 Economics Questions More Post Utme Bsu Practice Questions Back to Questions

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