Post Utme Coal City University 2021 Economics Question 30

Practice objective / multiple choice question 30 from the 2021 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2021 Economics Objective / Multiple Choice
Question 30 POST_UTME_COAL_CITY_UNIVERSITY • 2021 • ECONOMICS • objective

A country's trade balance is given by the equation TB = X - M, where TB is the trade balance, X is the exports, and M is the imports. If the exports are 100 and imports are 150, what is the trade balance?

Answer Options

Correct Answer A. -50
B. -100
C. -150
D. -200
Correct Answer
A
Correct Option:
-50

About This Question

This is Post Utme Coal City University 2021 Economics Question 30. It is one of the objective questions from the 2021 Post Utme Coal City University Economics examination.

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