Post Utme Esut 2024 Commerce Question 40

Practice objective / multiple choice question 40 from the 2024 Post Utme Esut Commerce examination.

Post Utme Esut 2024 Commerce Objective / Multiple Choice
Question 40 POST_UTME_ESUT • 2024 • COMMERCE • objective

A foreign trade agreement between two countries involves the exchange of goods worth 100 million for goods worth €80 million. If the exchange rate is 1 USD = 0.8 EUR, what is the value of the goods received by each country?

Answer Options

Correct Answer A. 80 million for €64 million
B. 100 million for €80 million
C. 120 million for €96 million
D. 140 million for €112 million
Correct Answer
A
Correct Option:
80 million for €64 million

About This Question

This is Post Utme Esut 2024 Commerce Question 40. It is one of the objective questions from the 2024 Post Utme Esut Commerce examination.

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