Post Utme Caleb University 2018 Economics Question 5

Practice objective / multiple choice question 5 from the 2018 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2018 Economics Objective / Multiple Choice
Question 5 POST_UTME_CALEB_UNIVERSITY • 2018 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of $10 billion and a capital account surplus of $20 billion. What is the overall balance of payments position?

Answer Options

A. $10 billion deficit
Correct Answer B. $20 billion surplus
C. $30 billion deficit
D. $40 billion surplus
Correct Answer
B
Correct Option:
$20 billion surplus

About This Question

This is Post Utme Caleb University 2018 Economics Question 5. It is one of the objective questions from the 2018 Post Utme Caleb University Economics examination.

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