Post Utme Ims U 2017 Economics Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Ims U Economics examination.

Post Utme Ims U 2017 Economics Objective / Multiple Choice

Question 23 POST_UTME_IMS_U • 2017 • ECONOMICS • objective

A country's balance of payments account can be in equilibrium even if its current account is not in equilibrium because

Correct Answer A. the capital account can offset the current account deficit

B. the current account can offset the capital account deficit

C. the balance of payments account is always in equilibrium

D. the current account is always in equilibrium

Correct Answer

Correct Option:

the capital account can offset the current account deficit

This is Post Utme Ims U 2017 Economics Question 23. It is one of the objective questions from the 2017 Post Utme Ims U Economics examination.

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