Post Utme Igbinedion University 2020 Economics Question 26

Practice objective / multiple choice question 26 from the 2020 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2020 Economics Objective / Multiple Choice

Question 26 POST_UTME_IGBINEDION_UNIVERSITY • 2020 • ECONOMICS • objective

A country's balance of payments accounts show a trade deficit of $100 million. What does this indicate?

Answer Options

A. The country is experiencing a recession

B. The country is experiencing a trade surplus

Correct Answer C. The country is experiencing a trade deficit

D. The country's currency is overvalued

Correct Answer

Correct Option:

The country is experiencing a trade deficit

About This Question

This is Post Utme Igbinedion University 2020 Economics Question 26. It is one of the objective questions from the 2020 Post Utme Igbinedion University Economics examination.

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