Post Utme Osustech 2017 Economics Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Osustech Economics examination.

Post Utme Osustech 2017 Economics Objective / Multiple Choice
Question 19 POST_UTME_OSUSTECH • 2017 • ECONOMICS • objective

A country has a trade balance given by TB = 100 - 2X + 3M, where TB is the trade balance, X is the exports and M is the imports. If the country has exports of 50 and imports of 70, what is the trade balance?

Answer Options

A. 30
B. 40
Correct Answer C. 50
D. 60
Correct Answer
C
Correct Option:
50

About This Question

This is Post Utme Osustech 2017 Economics Question 19. It is one of the objective questions from the 2017 Post Utme Osustech Economics examination.

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