Post Utme Osustech 2020 Economics Question 8

Practice objective / multiple choice question 8 from the 2020 Post Utme Osustech Economics examination.

Post Utme Osustech 2020 Economics Objective / Multiple Choice
Question 8 POST_UTME_OSUSTECH • 2020 • ECONOMICS • objective

A country's GDP is ₦100 billion, its imports are ₦20 billion, and its exports are ₦15 billion. What is its balance of trade?

Answer Options

Correct Answer A. ₦5 billion
B. ₦10 billion
C. ₦15 billion
D. ₦20 billion
Correct Answer
A
Correct Option:
₦5 billion

About This Question

This is Post Utme Osustech 2020 Economics Question 8. It is one of the objective questions from the 2020 Post Utme Osustech Economics examination.

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