Post Utme Esut 2022 Economics Question 14

Practice objective / multiple choice question 14 from the 2022 Post Utme Esut Economics examination.

Post Utme Esut 2022 Economics Objective / Multiple Choice
Question 14 POST_UTME_ESUT • 2022 • ECONOMICS • objective

A country's balance of payments is given by the following table:\n\n| Item | Value |\n| --- | --- |\n| Exports | ₦500,000,000 |\n| Imports | ₦700,000,000 |\n| Net Factor Income | ₦100,000,000 |\n| Net Transfer | ₦50,000,000 |\n\nWhat is the country's balance of payments deficit?

Answer Options

A. ₦150,000,000
B. ₦200,000,000
Correct Answer C. ₦250,000,000
D. ₦300,000,000
Correct Answer
C
Correct Option:
₦250,000,000

About This Question

This is Post Utme Esut 2022 Economics Question 14. It is one of the objective questions from the 2022 Post Utme Esut Economics examination.

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