Post Utme Greenfield University 2025 Economics Question 12

Practice objective / multiple choice question 12 from the 2025 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2025 Economics Objective / Multiple Choice
Question 12 POST_UTME_GREENFIELD_UNIVERSITY • 2025 • ECONOMICS • objective

A country's balance of payments is in equilibrium when the value of its exports equals the value of its imports. What is the term for this equilibrium?

Answer Options

A. Trade deficit
Correct Answer B. Trade surplus
C. Current account deficit
D. Current account surplus
Correct Answer
B
Correct Option:
Trade surplus

About This Question

This is Post Utme Greenfield University 2025 Economics Question 12. It is one of the objective questions from the 2025 Post Utme Greenfield University Economics examination.

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