Post Utme Greenfield University 2018 Economics Question 4

Practice objective / multiple choice question 4 from the 2018 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2018 Economics Objective / Multiple Choice
Question 4 POST_UTME_GREENFIELD_UNIVERSITY • 2018 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of ₦500 billion and a capital account surplus of ₦200 billion. What is the overall balance of payments position?

Answer Options

A. ₦300 billion deficit
Correct Answer B. ₦200 billion surplus
C. ₦500 billion deficit
D. ₦700 billion surplus
Correct Answer
B
Correct Option:
₦200 billion surplus

About This Question

This is Post Utme Greenfield University 2018 Economics Question 4. It is one of the objective questions from the 2018 Post Utme Greenfield University Economics examination.

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