Post Utme Ksu 2024 Economics Question 5

Practice objective / multiple choice question 5 from the 2024 Post Utme Ksu Economics examination.

Post Utme Ksu 2024 Economics Objective / Multiple Choice
Question 5 POST_UTME_KSU • 2024 • ECONOMICS • objective

A country is experiencing a trade deficit of ₦500 billion. If the country's GDP is ₦5,000 billion, what is the trade deficit as a percentage of GDP?

Answer Options

A. 10%
Correct Answer B. 15%
C. 20%
D. 25%
Correct Answer
B
Correct Option:
15%

About This Question

This is Post Utme Ksu 2024 Economics Question 5. It is one of the objective questions from the 2024 Post Utme Ksu Economics examination.

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