Post Utme Christopher University 2018 Economics Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2018 Economics Objective / Multiple Choice
Question 24 POST_UTME_CHRISTOPHER_UNIVERSITY • 2018 • ECONOMICS • objective

A country has a trade deficit of $100 million and a balance of payments deficit of $200 million. If the exchange rate is 1 USD = 100 Naira, find the value of the trade deficit in Naira.

Answer Options

A. ₦10,000
Correct Answer B. ₦20,000
C. ₦30,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦20,000

About This Question

This is Post Utme Christopher University 2018 Economics Question 24. It is one of the objective questions from the 2018 Post Utme Christopher University Economics examination.

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