Post Utme Caleb University 2025 Economics Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2025 Economics Objective / Multiple Choice

Question 9 POST_UTME_CALEB_UNIVERSITY • 2025 • ECONOMICS • objective

A country's balance of payments (BOP) accounts show a trade deficit of ₦500 billion, a capital account surplus of ₦200 billion, and a financial account deficit of ₦300 billion. What is the country's overall BOP position?

Answer Options

Correct Answer A. ₦300 billion deficit

B. ₦200 billion surplus

C. ₦500 billion deficit

D. ₦700 billion surplus

Correct Answer

Correct Option:

₦300 billion deficit

About This Question

This is Post Utme Caleb University 2025 Economics Question 9. It is one of the objective questions from the 2025 Post Utme Caleb University Economics examination.

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