Post Utme Christopher University 2025 Commerce Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2025 Commerce Objective / Multiple Choice
Question 9 POST_UTME_CHRISTOPHER_UNIVERSITY • 2025 • COMMERCE • objective

A country has a trade deficit of 100 million and a balance of payments deficit of 200 million. If the country's exchange rate is 1 = ₦200, what is the value of the trade deficit in naira?

Answer Options

A. ₦20 billion
Correct Answer B. ₦25 billion
C. ₦30 billion
D. ₦35 billion
Correct Answer
B
Correct Option:
₦25 billion

About This Question

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

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