Post Utme Christopher University 2019 Economics Question 2

Practice objective / multiple choice question 2 from the 2019 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2019 Economics Objective / Multiple Choice
Question 2 POST_UTME_CHRISTOPHER_UNIVERSITY • 2019 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of $100 million and a capital account surplus of $150 million. What is the overall balance of payments position?

Answer Options

Correct Answer A. $50 million surplus
B. $100 million deficit
C. $150 million surplus
D. $200 million deficit
Correct Answer
A
Correct Option:
$50 million surplus

About This Question

This is Post Utme Christopher University 2019 Economics Question 2. It is one of the objective questions from the 2019 Post Utme Christopher University Economics examination.

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