Post Utme Futa 2022 Economics Question 25

Practice objective / multiple choice question 25 from the 2022 Post Utme Futa Economics examination.

Post Utme Futa 2022 Economics Objective / Multiple Choice
Question 25 POST_UTME_FUTA • 2022 • ECONOMICS • objective

A country's balance of payments is in equilibrium when its current account is equal to its capital account. What is the name of this equilibrium?

Answer Options

A. Current account equilibrium
B. Capital account equilibrium
Correct Answer C. Balance of payments equilibrium
D. Trade balance equilibrium
Correct Answer
C
Correct Option:
Balance of payments equilibrium

About This Question

This is Post Utme Futa 2022 Economics Question 25. It is one of the objective questions from the 2022 Post Utme Futa Economics examination.

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