Post Utme Caleb University 2020 Economics Question 12

Practice objective / multiple choice question 12 from the 2020 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2020 Economics Objective / Multiple Choice
Question 12 POST_UTME_CALEB_UNIVERSITY • 2020 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of $100 million and a capital account surplus of $50 million. What is the overall balance of payments position?

Answer Options

A. Trade deficit of $50 million
B. Trade surplus of $50 million
C. Capital account surplus of $50 million
Correct Answer D. Overall balance of payments deficit of $50 million
Correct Answer
D
Correct Option:
Overall balance of payments deficit of $50 million

About This Question

This is Post Utme Caleb University 2020 Economics Question 12. It is one of the objective questions from the 2020 Post Utme Caleb University Economics examination.

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