Post Utme Madonna University 2019 Commerce Question 19
Practice objective / multiple choice question 19 from the 2019 Post Utme Madonna University Commerce examination.
A country's foreign trade balance is given by the equation B = X - M, where B is the balance, X is the value of exports, and M is the value of imports. If the value of exports increases by 15% and the value of imports remains constant, by what percentage will the balance increase?
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About This Question
This is Post Utme Madonna University 2019 Commerce Question 19. It is one of the objective questions from the 2019 Post Utme Madonna University Commerce examination.
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