Post Utme Futo 2019 Economics Question 29

Practice objective / multiple choice question 29 from the 2019 Post Utme Futo Economics examination.

Post Utme Futo 2019 Economics Objective / Multiple Choice
Question 29 POST_UTME_FUTO • 2019 • ECONOMICS • objective

A country is experiencing a trade deficit and the government is considering implementing a trade policy to reduce the deficit. If the country imports $100 billion worth of goods and services and exports $80 billion worth of goods and services, what is the trade deficit?

Answer Options

A. $10 billion
B. $20 billion
Correct Answer C. $30 billion
D. $40 billion
Correct Answer
C
Correct Option:
$30 billion

About This Question

This is Post Utme Futo 2019 Economics Question 29. It is one of the objective questions from the 2019 Post Utme Futo Economics examination.

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