Post Utme Crawford University 2024 Economics Question 23

Practice objective / multiple choice question 23 from the 2024 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2024 Economics Objective / Multiple Choice
Question 23 POST_UTME_CRAWFORD_UNIVERSITY • 2024 • ECONOMICS • objective

A country has a trade deficit of ₦100 billion and a current account deficit of ₦50 billion. What is the balance of payments identity?

Answer Options

A. BOP = CA - FA
Correct Answer B. BOP = CA + FA
C. BOP = CA - CA
D. BOP = FA - CA
Correct Answer
B
Correct Option:
BOP = CA + FA

About This Question

This is Post Utme Crawford University 2024 Economics Question 23. It is one of the objective questions from the 2024 Post Utme Crawford University Economics examination.

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