Post Utme Mountain Top University 2019 Economics Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2019 Economics Objective / Multiple Choice

Question 13 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2019 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of ₦100 billion and a current account deficit of ₦50 billion. What is the likely cause of the trade deficit?

Answer Options

A. A decrease in exports

Correct Answer B. An increase in imports

C. A decrease in foreign investment

D. An increase in foreign aid

Correct Answer

Correct Option:

An increase in imports

About This Question

This is Post Utme Mountain Top University 2019 Economics Question 13. It is one of the objective questions from the 2019 Post Utme Mountain Top University Economics examination.

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