Post Utme Eksu 2020 Economics Question 28

Practice objective / multiple choice question 28 from the 2020 Post Utme Eksu Economics examination.

Post Utme Eksu 2020 Economics Objective / Multiple Choice
Question 28 POST_UTME_EKSU • 2020 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of $10 billion. If the country's GDP is $500 billion, what is the trade deficit as a percentage of GDP?

Answer Options

A. 2%
B. 3%
C. 4%
Correct Answer D. 5%
Correct Answer
D
Correct Option:
5%

About This Question

This is Post Utme Eksu 2020 Economics Question 28. It is one of the objective questions from the 2020 Post Utme Eksu Economics examination.

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