Post Utme Igbinedion University 2017 Economics Question 40

Practice objective / multiple choice question 40 from the 2017 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2017 Economics Objective / Multiple Choice
Question 40 POST_UTME_IGBINEDION_UNIVERSITY • 2017 • ECONOMICS • objective

A country's balance of payments (BOP) accounts show a trade deficit of $100 million and a capital account surplus of $50 million. What is the country's overall BOP position?

Answer Options

A. Trade deficit of $50 million
B. Trade surplus of $50 million
C. Overall trade deficit of $100 million
Correct Answer D. Overall trade surplus of $50 million
Correct Answer
D
Correct Option:
Overall trade surplus of $50 million

About This Question

This is Post Utme Igbinedion University 2017 Economics Question 40. It is one of the objective questions from the 2017 Post Utme Igbinedion University Economics examination.

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