Post Utme Eksu 2017 Economics Question 34

Practice objective / multiple choice question 34 from the 2017 Post Utme Eksu Economics examination.

Post Utme Eksu 2017 Economics Objective / Multiple Choice
Question 34 POST_UTME_EKSU • 2017 • ECONOMICS • objective

A country has a trade balance of $100 million and a current account deficit of $200 million. If the exchange rate is 1 USD = 100 Naira, what is the value of the trade balance in Naira?

Answer Options

A. ₦10,000 million
Correct Answer B. ₦20,000 million
C. ₦30,000 million
D. ₦40,000 million
Correct Answer
B
Correct Option:
₦20,000 million

About This Question

This is Post Utme Eksu 2017 Economics Question 34. It is one of the objective questions from the 2017 Post Utme Eksu Economics examination.

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