Post Utme Caleb University 2023 Commerce Question 18
Practice objective / multiple choice question 18 from the 2023 Post Utme Caleb University Commerce examination.
A country's trade balance is given by the equation TB = X - M, where TB is the trade balance, X is exports, and M is imports. If the country's exports are 100 billion naira and its imports are 80 billion naira, what is the trade balance?
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About This Question
This is Post Utme Caleb University 2023 Commerce Question 18. It is one of the objective questions from the 2023 Post Utme Caleb University Commerce examination.
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