Post Utme Ims U 2023 Economics Question 38

Practice objective / multiple choice question 38 from the 2023 Post Utme Ims U Economics examination.

Post Utme Ims U 2023 Economics Objective / Multiple Choice
Question 38 POST_UTME_IMS_U • 2023 • ECONOMICS • objective

A country has a trade deficit of ₦100 billion and a GDP of ₦500 billion. If the country's exchange rate is ₦10 per dollar, what is the value of the trade deficit in dollars?

Answer Options

Correct Answer A. $10 billion
B. $20 billion
C. $30 billion
D. $40 billion
Correct Answer
A
Correct Option:
$10 billion

About This Question

This is Post Utme Ims U 2023 Economics Question 38. It is one of the objective questions from the 2023 Post Utme Ims U Economics examination.

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