Post Utme Delsu 2020 Economics Question 27

Practice objective / multiple choice question 27 from the 2020 Post Utme Delsu Economics examination.

Post Utme Delsu 2020 Economics Objective / Multiple Choice
Question 27 POST_UTME_DELSU • 2020 • ECONOMICS • objective

A country's balance of payments (BOP) accounts show a trade deficit of $100 million. If the country's foreign exchange reserves are $500 million, what is the percentage change in the value of its currency?

Answer Options

A. 10%
Correct Answer B. 20%
C. 30%
D. 40%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Delsu 2020 Economics Question 27. It is one of the objective questions from the 2020 Post Utme Delsu 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