Post Utme Coal City University 2020 Commerce Question 30

Practice objective / multiple choice question 30 from the 2020 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2020 Commerce Objective / Multiple Choice
Question 30 POST_UTME_COAL_CITY_UNIVERSITY • 2020 • COMMERCE • objective

A foreign trade agreement between two countries involves the exchange of goods worth ₦500,000,000. The agreement is expected to generate a trade surplus of ₦100,000,000 for one of the countries. What is the balance of trade for the country with the trade surplus?

Answer Options

A. ₦300,000,000
B. ₦400,000,000
C. ₦500,000,000
Correct Answer D. ₦600,000,000
Correct Answer
D
Correct Option:
₦600,000,000

About This Question

This is Post Utme Coal City University 2020 Commerce Question 30. It is one of the objective questions from the 2020 Post Utme Coal City University Commerce examination.

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