Post Utme Oau 2017 Economics Question 11

Practice objective / multiple choice question 11 from the 2017 Post Utme Oau Economics examination.

Post Utme Oau 2017 Economics Objective / Multiple Choice
Question 11 POST_UTME_OAU • 2017 • ECONOMICS • objective

Consider a country with a trade deficit of $100 billion and a GDP of $500 billion. If the country's imports are valued at $300 billion and its exports are valued at $200 billion, what is the value of the country's net foreign assets?

Answer Options

Correct Answer A. $-50 billion
B. $-100 billion
C. $-200 billion
D. $-300 billion
Correct Answer
A
Correct Option:
$-50 billion

About This Question

This is Post Utme Oau 2017 Economics Question 11. It is one of the objective questions from the 2017 Post Utme Oau Economics examination.

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