Post Utme Esut 2020 Economics Question 40

Practice objective / multiple choice question 40 from the 2020 Post Utme Esut Economics examination.

Post Utme Esut 2020 Economics Objective / Multiple Choice
Question 40 POST_UTME_ESUT • 2020 • ECONOMICS • objective

A country's balance of payments is given by Exports = ₦1000, Imports = ₦800, and Net Factor Income = ₦200. Calculate the country's current account balance.

Answer Options

Correct Answer A. ₦400
B. ₦500
C. ₦600
D. ₦700
Correct Answer
A
Correct Option:
₦400

About This Question

This is Post Utme Esut 2020 Economics Question 40. It is one of the objective questions from the 2020 Post Utme Esut Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support