Post Utme Joseph Ayo Babalola University 2018 Economics Question 39

Practice objective / multiple choice question 39 from the 2018 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2018 Economics Objective / Multiple Choice
Question 39 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2018 • ECONOMICS • objective

A country is experiencing a balance of payments deficit of ₦1,000. If the country's exports are ₦1,500 and its imports are ₦2,500, what is the value of the balance of payments deficit in terms of the value of exports?

Answer Options

A. ₦667
B. ₦833
Correct Answer C. ₦1,000
D. ₦1,167
Correct Answer
C
Correct Option:
₦1,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2018 Economics Question 39. It is one of the objective questions from the 2018 Post Utme Joseph Ayo Babalola University Economics examination.

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