Post Utme Caleb University 2025 Commerce Question 24
Practice objective / multiple choice question 24 from the 2025 Post Utme Caleb University Commerce examination.
A country's trade balance is given by the following equation: TB = X - M, where TB is the trade balance, X is the value of exports, and M is the value of imports. If the value of exports is ₦500 billion and the value of imports is ₦600 billion, what is the trade balance?
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This is Post Utme Caleb University 2025 Commerce Question 24. It is one of the objective questions from the 2025 Post Utme Caleb University Commerce examination.
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