Post Utme Mountain Top University 2021 Economics Question 23

Practice objective / multiple choice question 23 from the 2021 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2021 Economics Objective / Multiple Choice
Question 23 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2021 • ECONOMICS • objective

A country's balance of payments is given by the following table:\n| Category | Exports | Imports |\n| --- | --- | --- |\n| Goods | ₦1000 | ₦800 |\n| Services | ₦500 | ₦300 |\n| Transfer | ₦200 | ₦100 |\nWhat is the country's balance of trade?

Answer Options

A. ₦200
Correct Answer B. ₦300
C. ₦400
D. ₦500
Correct Answer
B
Correct Option:
₦300

About This Question

This is Post Utme Mountain Top University 2021 Economics Question 23. It is one of the objective questions from the 2021 Post Utme Mountain Top University Economics examination.

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