Post Utme Madonna University 2018 Economics Question 3

Practice objective / multiple choice question 3 from the 2018 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2018 Economics Objective / Multiple Choice
Question 3 POST_UTME_MADONNA_UNIVERSITY • 2018 • ECONOMICS • objective

A country's GDP is ₦100 billion, its imports are ₦20 billion, and its exports are ₦30 billion. What is its balance of trade?

Answer Options

Correct Answer A. ₦10 billion
B. ₦20 billion
C. ₦30 billion
D. ₦40 billion
Correct Answer
A
Correct Option:
₦10 billion

About This Question

This is Post Utme Madonna University 2018 Economics Question 3. It is one of the objective questions from the 2018 Post Utme Madonna University Economics examination.

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