Post Utme Igbinedion University 2020 Commerce Question 34
Practice objective / multiple choice question 34 from the 2020 Post Utme Igbinedion University Commerce examination.
A country's trade balance is given by TB = X - M, where TB is trade balance, X is exports, and M is imports. If exports increase by 15% and imports decrease by 10%, what is the percentage change in trade balance?
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About This Question
This is Post Utme Igbinedion University 2020 Commerce Question 34. It is one of the objective questions from the 2020 Post Utme Igbinedion University Commerce examination.
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