Post Utme Ksu 2021 Economics Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Ksu Economics examination.

Post Utme Ksu 2021 Economics Objective / Multiple Choice
Question 18 POST_UTME_KSU • 2021 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of $10 billion. If the country's exchange rate is 1 USD = 1.5 NGN, what is the trade deficit in NGN?

Answer Options

A. ₦15 billion
Correct Answer B. ₦20 billion
C. ₦25 billion
D. ₦30 billion
Correct Answer
B
Correct Option:
₦20 billion

About This Question

This is Post Utme Ksu 2021 Economics Question 18. It is one of the objective questions from the 2021 Post Utme Ksu Economics examination.

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