Post Utme Madonna University 2023 Economics Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2023 Economics Objective / Multiple Choice
Question 32 POST_UTME_MADONNA_UNIVERSITY • 2023 • ECONOMICS • objective

A country's balance of payments (BOP) accounts show a trade deficit of $10 billion and a capital account surplus of $5 billion. What is the country's overall BOP position?

Answer Options

A. ₦5 billion surplus
Correct Answer B. ₦10 billion deficit
C. ₦15 billion surplus
D. ₦20 billion deficit
Correct Answer
B
Correct Option:
₦10 billion deficit

About This Question

This is Post Utme Madonna University 2023 Economics Question 32. It is one of the objective questions from the 2023 Post Utme Madonna University Economics examination.

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