Post Utme Crawford University 2019 Commerce Question 8

Practice objective / multiple choice question 8 from the 2019 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2019 Commerce Objective / Multiple Choice
Question 8 POST_UTME_CRAWFORD_UNIVERSITY • 2019 • COMMERCE • objective

A firm imports goods worth ₦500,000 and exports goods worth ₦300,000. What is the trade balance?

Answer Options

A. ₦100,000 surplus
Correct Answer B. ₦100,000 deficit
C. ₦200,000 surplus
D. ₦200,000 deficit
Correct Answer
B
Correct Option:
₦100,000 deficit

About This Question

This is Post Utme Crawford University 2019 Commerce Question 8. It is one of the objective questions from the 2019 Post Utme Crawford University Commerce examination.

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