Post Utme Ims U 2021 Economics Question 24

Practice objective / multiple choice question 24 from the 2021 Post Utme Ims U Economics examination.

Post Utme Ims U 2021 Economics Objective / Multiple Choice
Question 24 POST_UTME_IMS_U • 2021 • ECONOMICS • objective

A country has a trade deficit of ₦100 billion and a balance of payments deficit of ₦200 billion. What is the difference between the trade deficit and the balance of payments deficit?

Answer Options

A. ₦100 billion
B. ₦200 billion
Correct Answer C. ₦300 billion
D. ₦400 billion
Correct Answer
C
Correct Option:
₦300 billion

About This Question

This is Post Utme Ims U 2021 Economics Question 24. It is one of the objective questions from the 2021 Post Utme Ims U Economics examination.

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