Post Utme Coal City University 2025 Economics Question 6

Practice objective / multiple choice question 6 from the 2025 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2025 Economics Objective / Multiple Choice
Question 6 POST_UTME_COAL_CITY_UNIVERSITY • 2025 • ECONOMICS • objective

Consider a country with a trade deficit of ₦500 billion and a current account deficit of ₦300 billion. If the country's exchange rate is ₦200 per dollar, what is the value of the trade deficit in dollars?

Answer Options

A. $2.5 billion
Correct Answer B. $3.75 billion
C. $5 billion
D. $7.5 billion
Correct Answer
B
Correct Option:
$3.75 billion

About This Question

This is Post Utme Coal City University 2025 Economics Question 6. It is one of the objective questions from the 2025 Post Utme Coal City University Economics examination.

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