Post Utme Christopher University 2018 Economics Question 29

Practice objective / multiple choice question 29 from the 2018 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2018 Economics Objective / Multiple Choice
Question 29 POST_UTME_CHRISTOPHER_UNIVERSITY • 2018 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of ₦500 billion and a capital account surplus of ₦200 billion. What is the country's overall balance of payments position?

Answer Options

Correct Answer A. ₦300 billion surplus
B. ₦300 billion deficit
C. ₦500 billion deficit
D. ₦200 billion surplus
Correct Answer
A
Correct Option:
₦300 billion surplus

About This Question

This is Post Utme Christopher University 2018 Economics Question 29. It is one of the objective questions from the 2018 Post Utme Christopher University Economics examination.

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