Post Utme Mountain Top University 2025 Economics Question 17

Practice objective / multiple choice question 17 from the 2025 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2025 Economics Objective / Multiple Choice

Question 17 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2025 • ECONOMICS • objective

A country is experiencing a trade deficit. What is the likely effect on its balance of payments?

Answer Options

A. The trade deficit will increase the current account balance

Correct Answer B. The trade deficit will decrease the current account balance

C. The trade deficit will have no effect on the current account balance

D. The trade deficit will increase the capital account balance

Correct Answer

Correct Option:

The trade deficit will decrease the current account balance

About This Question

This is Post Utme Mountain Top University 2025 Economics Question 17. It is one of the objective questions from the 2025 Post Utme Mountain Top University Economics examination.

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