Post Utme Delsu 2022 Economics Question 21

Practice objective / multiple choice question 21 from the 2022 Post Utme Delsu Economics examination.

Post Utme Delsu 2022 Economics Objective / Multiple Choice
Question 21 POST_UTME_DELSU • 2022 • ECONOMICS • objective

Consider a country with a trade deficit of ₦100 billion and a current account deficit of ₦80 billion. If the country's exchange rate is ₦200 per dollar, what is the value of the trade deficit in dollars?

Answer Options

A. $500 million
B. $400 million
Correct Answer C. $600 million
D. $800 million
Correct Answer
C
Correct Option:
$600 million

About This Question

This is Post Utme Delsu 2022 Economics Question 21. It is one of the objective questions from the 2022 Post Utme Delsu Economics examination.

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