Post Utme Eksu 2021 Economics Question 15

Practice objective / multiple choice question 15 from the 2021 Post Utme Eksu Economics examination.

Post Utme Eksu 2021 Economics Objective / Multiple Choice
Question 15 POST_UTME_EKSU • 2021 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of ₦100 billion and a capital account surplus of ₦50 billion. What is the overall balance of payments position?

Answer Options

A. ₦50 billion surplus
Correct Answer B. ₦50 billion deficit
C. ₦100 billion deficit
D. ₦150 billion surplus
Correct Answer
B
Correct Option:
₦50 billion deficit

About This Question

This is Post Utme Eksu 2021 Economics Question 15. It is one of the objective questions from the 2021 Post Utme Eksu Economics examination.

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