Post Utme Lead City University 2025 Economics Question 18

Practice objective / multiple choice question 18 from the 2025 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2025 Economics Objective / Multiple Choice
Question 18 POST_UTME_LEAD_CITY_UNIVERSITY • 2025 • ECONOMICS • objective

A country's balance of payments is in equilibrium when its current account is equal to its capital account. If the country's current account is in deficit by $100 million, and its capital account is in surplus by $200 million, what is the overall balance of payments position?

Answer Options

A. Surplus of $100 million
B. Deficit of $100 million
Correct Answer C. Surplus of $300 million
D. Deficit of $300 million
Correct Answer
C
Correct Option:
Surplus of $300 million

About This Question

This is Post Utme Lead City University 2025 Economics Question 18. It is one of the objective questions from the 2025 Post Utme Lead City University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support