Post Utme Elizade University 2018 Economics Question 7

Practice objective / multiple choice question 7 from the 2018 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2018 Economics Objective / Multiple Choice

Question 7 POST_UTME_ELIZADE_UNIVERSITY • 2018 • ECONOMICS • objective

A country's balance of payments is in surplus. What does this imply about the country's trade balance?

Answer Options

Correct Answer A. The trade balance is in surplus

B. The trade balance is in deficit

C. The trade balance is balanced

D. The trade balance is not affected

Correct Answer

Correct Option:

The trade balance is in surplus

About This Question

This is Post Utme Elizade University 2018 Economics Question 7. It is one of the objective questions from the 2018 Post Utme Elizade University Economics examination.

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