Post Utme Igbinedion University 2018 Economics Question 18

Practice objective / multiple choice question 18 from the 2018 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2018 Economics Objective / Multiple Choice
Question 18 POST_UTME_IGBINEDION_UNIVERSITY • 2018 • ECONOMICS • objective

A country's balance of payments account is given by the following table:\n\n| Item | 2018 | 2019 |\n| --- | --- | --- |\n| Exports | ₦1000 | ₦1200 |\n| Imports | ₦1500 | ₦1800 |\n| Net Factor Income | ₦200 | ₦250 |\n| Net Transfer | ₦100 | ₦150 |\n\nWhat is the country's balance of payments deficit/surplus in 2019?

Answer Options

A. ₦200
Correct Answer B. ₦300
C. ₦400
D. ₦500
Correct Answer
B
Correct Option:
₦300

About This Question

This is Post Utme Igbinedion University 2018 Economics Question 18. It is one of the objective questions from the 2018 Post Utme Igbinedion University Economics examination.

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