Post Utme Lead City University 2021 Economics Question 34

Practice objective / multiple choice question 34 from the 2021 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2021 Economics Objective / Multiple Choice
Question 34 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of $100 million. What does this indicate?

Answer Options

A. The country is experiencing economic growth
B. The country is experiencing economic decline
C. The country is experiencing a trade surplus
Correct Answer D. The country is experiencing a trade deficit
Correct Answer
D
Correct Option:
The country is experiencing a trade deficit

About This Question

This is Post Utme Lead City University 2021 Economics Question 34. It is one of the objective questions from the 2021 Post Utme Lead City University Economics examination.

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