Post Utme Noun 2025 Economics Question 18

Practice objective / multiple choice question 18 from the 2025 Post Utme Noun Economics examination.

Post Utme Noun 2025 Economics Objective / Multiple Choice
Question 18 POST_UTME_NOUN • 2025 • ECONOMICS • objective

A country's trade balance is given by TB = X - M, where TB is trade balance, X is exports, and M is imports. If the country's exports and imports are ₦1000 and ₦800 respectively, calculate the trade balance.

Answer Options

A. ₦100
Correct Answer B. ₦200
C. ₦300
D. ₦400
Correct Answer
B
Correct Option:
₦200

About This Question

This is Post Utme Noun 2025 Economics Question 18. It is one of the objective questions from the 2025 Post Utme Noun Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support