Post Utme Lautech 2017 Economics Question 16

Practice objective / multiple choice question 16 from the 2017 Post Utme Lautech Economics examination.

Post Utme Lautech 2017 Economics Objective / Multiple Choice
Question 16 POST_UTME_LAUTECH • 2017 • ECONOMICS • objective

A country has a trade deficit of $100 million and a current account deficit of $50 million. What is the capital account surplus?

Answer Options

Correct Answer A. $50 million
B. $100 million
C. $150 million
D. $200 million
Correct Answer
A
Correct Option:
$50 million

About This Question

This is Post Utme Lautech 2017 Economics Question 16. It is one of the objective questions from the 2017 Post Utme Lautech Economics examination.

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