Post Utme Eksu 2020 Economics Question 37

Practice objective / multiple choice question 37 from the 2020 Post Utme Eksu Economics examination.

Post Utme Eksu 2020 Economics Objective / Multiple Choice

Question 37 POST_UTME_EKSU • 2020 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of $100 million and a capital account surplus of $150 million. What is the overall balance of payments position of the country?

A. A trade surplus of $50 million.

Correct Answer B. A trade deficit of $50 million.

C. A capital account surplus of $50 million.

D. A current account deficit of $50 million.

Correct Answer

Correct Option:

A trade deficit of $50 million.

This is Post Utme Eksu 2020 Economics Question 37. It is one of the objective questions from the 2020 Post Utme Eksu Economics examination.

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