Post Utme Caleb University 2019 Economics Question 4

Practice objective / multiple choice question 4 from the 2019 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2019 Economics Objective / Multiple Choice
Question 4 POST_UTME_CALEB_UNIVERSITY • 2019 • ECONOMICS • objective

A country's balance of payments is given by the following table:\n| Category | Value |\n| --- | --- |\n| Exports | ₦5 trillion |\n| Imports | ₦6 trillion |\n| Net Factor Income | ₦1 trillion |\n| Net Transfer | ₦2 trillion |\nWhat is the country's balance of payments deficit?

Answer Options

A. ₦1 trillion
B. ₦2 trillion
Correct Answer C. ₦3 trillion
D. ₦4 trillion
Correct Answer
C
Correct Option:
₦3 trillion

About This Question

This is Post Utme Caleb University 2019 Economics Question 4. It is one of the objective questions from the 2019 Post Utme Caleb University Economics examination.

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