Post Utme Coal City University 2017 Economics Question 11

Practice objective / multiple choice question 11 from the 2017 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2017 Economics Objective / Multiple Choice

Question 11 POST_UTME_COAL_CITY_UNIVERSITY • 2017 • ECONOMICS • objective

A country's balance of payments is in equilibrium when the current account and capital account are balanced. Which of the following is a characteristic of a country with a current account deficit?

Answer Options

A. The country has a trade surplus.

Correct Answer B. The country has a trade deficit.

C. The country has a capital account surplus.

D. The country has a capital account deficit.

Correct Answer

Correct Option:

The country has a trade deficit.

About This Question

This is Post Utme Coal City University 2017 Economics Question 11. It is one of the objective questions from the 2017 Post Utme Coal City University Economics examination.

View More Post Utme Coal City University 2017 Economics Questions More Post Utme Coal City University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support