Post Utme Coal City University 2019 Economics Question 12

Practice objective / multiple choice question 12 from the 2019 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2019 Economics Objective / Multiple Choice

Question 12 POST_UTME_COAL_CITY_UNIVERSITY • 2019 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of $100 million and a capital account surplus of $50 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

Correct Option:

$50 million surplus

About This Question

This is Post Utme Coal City University 2019 Economics Question 12. It is one of the objective questions from the 2019 Post Utme Coal City University Economics examination.

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