Post Utme Elizade University 2025 Economics Question 4

Practice objective / multiple choice question 4 from the 2025 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2025 Economics Objective / Multiple Choice
Question 4 POST_UTME_ELIZADE_UNIVERSITY • 2025 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of ₦100 billion and a current account deficit of ₦50 billion. If the capital account surplus is ₦20 billion, calculate the overall balance of payments deficit u\sing the balance of payments identity.

Answer Options

A. ₦30 billion
B. ₦40 billion
Correct Answer C. ₦50 billion
D. ₦60 billion
Correct Answer
C
Correct Option:
₦50 billion

About This Question

This is Post Utme Elizade University 2025 Economics Question 4. It is one of the objective questions from the 2025 Post Utme Elizade University Economics examination.

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