Post Utme Igbinedion University 2023 Economics Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2023 Economics Objective / Multiple Choice
Question 24 POST_UTME_IGBINEDION_UNIVERSITY • 2023 • ECONOMICS • objective

A country has a trade deficit of ₦100 billion and a GDP of ₦500 billion. What is the trade deficit as a percentage of GDP?

Answer Options

A. 10%
Correct Answer B. 15%
C. 20%
D. 25%
Correct Answer
B
Correct Option:
15%

About This Question

This is Post Utme Igbinedion University 2023 Economics Question 24. It is one of the objective questions from the 2023 Post Utme Igbinedion University Economics examination.

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