Post Utme Ksu 2020 Economics Question 16

Practice objective / multiple choice question 16 from the 2020 Post Utme Ksu Economics examination.

Post Utme Ksu 2020 Economics Objective / Multiple Choice
Question 16 POST_UTME_KSU • 2020 • ECONOMICS • objective

The following table shows the value of Nigeria's exports and imports for the year 2019. If the value of exports is ₦1.2 trillion and the value of imports is ₦1.5 trillion, calculate the balance of trade for Nigeria in 2019.

Answer Options

A. ₦300 billion
Correct Answer B. ₦200 billion
C. ₦100 billion
D. ₦500 billion
Correct Answer
B
Correct Option:
₦200 billion

About This Question

This is Post Utme Ksu 2020 Economics Question 16. It is one of the objective questions from the 2020 Post Utme Ksu Economics examination.

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