Post Utme Crawford University 2022 Commerce Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2022 Commerce Objective / Multiple Choice
Question 18 POST_UTME_CRAWFORD_UNIVERSITY • 2022 • COMMERCE • objective

A country's trade balance is given by TB = X - M, where X is the value of exports and M is the value of imports. If the country's exports are ₦1000 and imports are ₦800, what is the country's trade balance?

Answer Options

Correct Answer A. ₦200
B. ₦400
C. ₦600
D. ₦800
Correct Answer
A
Correct Option:
₦200

About This Question

This is Post Utme Crawford University 2022 Commerce Question 18. It is one of the objective questions from the 2022 Post Utme Crawford University Commerce examination.

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