Post Utme Osustech 2025 Economics Question 14

Practice objective / multiple choice question 14 from the 2025 Post Utme Osustech Economics examination.

Post Utme Osustech 2025 Economics Objective / Multiple Choice
Question 14 POST_UTME_OSUSTECH • 2025 • ECONOMICS • objective

A country's balance of payments is in surplus if the value of its exports exceeds the value of its imports. Which of the following is a correct statement regarding the balance of payments?

Answer Options

Correct Answer A. A balance of payments surplus is a sign of a strong economy.
B. A balance of payments deficit is a sign of a strong economy.
C. A balance of payments surplus is a sign of a weak economy.
D. A balance of payments deficit is a sign of a weak economy.
Correct Answer
A
Correct Option:
A balance of payments surplus is a sign of a strong economy.

About This Question

This is Post Utme Osustech 2025 Economics Question 14. It is one of the objective questions from the 2025 Post Utme Osustech Economics examination.

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