Post Utme Ksu 2018 Economics Question 7

Practice objective / multiple choice question 7 from the 2018 Post Utme Ksu Economics examination.

Post Utme Ksu 2018 Economics Objective / Multiple Choice

Question 7 POST_UTME_KSU • 2018 • ECONOMICS • objective

A country's balance of payments accounts show a trade deficit of $100 billion and a capital account surplus of $50 billion. What is the overall balance of payments position?

A. A trade deficit of $50 billion.

B. A trade surplus of $50 billion.

C. A balance of payments deficit of $50 billion.

Correct Answer D. A balance of payments surplus of $50 billion.

Correct Answer

Correct Option:

A balance of payments surplus of $50 billion.

This is Post Utme Ksu 2018 Economics Question 7. It is one of the objective questions from the 2018 Post Utme Ksu Economics examination.

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support