Post Utme Greenfield University 2020 Economics Question 3

Practice objective / multiple choice question 3 from the 2020 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2020 Economics Objective / Multiple Choice
Question 3 POST_UTME_GREENFIELD_UNIVERSITY • 2020 • ECONOMICS • objective

A country's GDP is ₦1 trillion, its imports are ₦200 billion, and its exports are ₦300 billion. What is the country's balance of trade?

Answer Options

Correct Answer A. ₦100 billion
B. ₦200 billion
C. ₦300 billion
D. ₦400 billion
Correct Answer
A
Correct Option:
₦100 billion

About This Question

This is Post Utme Greenfield University 2020 Economics Question 3. It is one of the objective questions from the 2020 Post Utme Greenfield University Economics examination.

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