Post Utme Oau 2023 Economics Question 5

Practice objective / multiple choice question 5 from the 2023 Post Utme Oau Economics examination.

Post Utme Oau 2023 Economics Objective / Multiple Choice
Question 5 POST_UTME_OAU • 2023 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of ₦500 billion. If the country's GDP is ₦1.5 trillion, determine the current account balance.

Answer Options

A. ₦1 trillion
Correct Answer B. ₦500 billion
C. ₦0
D. ₦-500 billion
Correct Answer
B
Correct Option:
₦500 billion

About This Question

This is Post Utme Oau 2023 Economics Question 5. It is one of the objective questions from the 2023 Post Utme Oau Economics examination.

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