Post Utme Ims U 2019 Economics Question 15

Practice objective / multiple choice question 15 from the 2019 Post Utme Ims U Economics examination.

Post Utme Ims U 2019 Economics Objective / Multiple Choice
Question 15 POST_UTME_IMS_U • 2019 • ECONOMICS • objective

A country's balance of payments is given by the following table:\n\n| Item | Value |\n| --- | --- |\n| Exports | ₦500 billion |\n| Imports | ₦600 billion |\n| Net Factor Income | ₦100 billion |\n| Net Transfer | ₦50 billion |\n\nCalculate the country's balance of payments deficit.

Answer Options

A. ₦50 billion
Correct Answer B. ₦100 billion
C. ₦150 billion
D. ₦200 billion
Correct Answer
B
Correct Option:
₦100 billion

About This Question

This is Post Utme Ims U 2019 Economics Question 15. It is one of the objective questions from the 2019 Post Utme Ims U Economics examination.

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