Post Utme Mountain Top University 2023 Commerce Question 4

Practice objective / multiple choice question 4 from the 2023 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2023 Commerce Objective / Multiple Choice
Question 4 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2023 • COMMERCE • objective

A foreign trade agreement between two countries involves the exchange of goods and services. If a country exports goods worth ₦1.5 billion and imports goods worth ₦2.5 billion, what is the trade deficit?

Answer Options

A. ₦1 billion
Correct Answer B. ₦1.5 billion
C. ₦2.5 billion
D. ₦3 billion
Correct Answer
B
Correct Option:
₦1.5 billion

About This Question

This is Post Utme Mountain Top University 2023 Commerce Question 4. It is one of the objective questions from the 2023 Post Utme Mountain Top University Commerce examination.

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