Post Utme Igbinedion University 2018 Economics Question 32
Practice objective / multiple choice question 32 from the 2018 Post Utme Igbinedion University Economics examination.
A country's GDP is given by GDP = C + I + G + \( X - M \), where C is consumption, I is investment, G is government sp\ending, X is exports, and M is imports. If the country's current GDP is 100 billion, and the values of C, I, G, X, and M are 60, 20, 10, 15, and 5, respectively, what is the country's current trade balance?
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About This Question
This is Post Utme Igbinedion University 2018 Economics Question 32. It is one of the objective questions from the 2018 Post Utme Igbinedion University Economics examination.
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